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Home / Posts tagged “#SCOPA” / Page 2

#SCOPA

Videos

Day 2 Highlights from the FSCA Industry Conference 2026

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Day 1 Highlights from the FSCA Industry Conference 2026

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Budget: Key changes for taxpayers and investors

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R1bn RAF media spend under scrutiny as SCOPA flags irregularities

SCOPA’s inquiry uncovers questionable procurement decisions, unexplained overspending, and gaps in oversight that demand a forensic review.

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SIU flags interference as SCOPA inquiry exposes governance and financial failures at RAF

The Special Investigating Unit has raised serious concerns over potential interference by the Road Accident Fund in its ongoing investigation.

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RAF inquiry | ‘You can’t fix liabilities through accounting’

Treasury says the RAF must address its claims and payments processes, not try to manage its massive liabilities by changing accounting standards.

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Medical schemes call on Parliament to order RAF to settle claims

The Health Funders Association asks the Standing Committee on Public Accounts to direct the Fund to cease legal action relating to its directives.

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Road Accident Fund is at a crossroads

Transport Minister Barbara Creecy dissolved the RAF’s board to tackle governance issues, but its impact on victims remains uncertain.

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Revival of Road Accident Benefit Scheme gains momentum

The RABS Bill promises faster, no-fault compensation but has previously been criticised for limiting victim rights and excluding vulnerable groups.

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Wake-up call for RAF as SCOPA prepares for full-scale inquiry

A whistleblower-backed memorandum discloses how a legitimate RAF lease was allegedly overturned to favour Mowana Properties.

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Letsoalo fights to keep RAF job as court weighs suspension battle

The suspended RAF CEO claims the board misled Parliament and the Minister of Transport as he seeks to overturn his suspension and block the search for his replacement.

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RAF board may ditch costly court fight over accounting standards

The Road Accident Fund board is taking steps to address deep-rooted governance and financial issues – from executive suspensions to tightening legal oversight – but Parliament is questioning whether it’s too little, too late.

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Letsoalo lawyered up a week before RAF board put him on ice

A week before being placed on special leave, RAF chief executive Collins Letsoalo enlisted legal counsel and declined to appear before Parliament’s Standing Committee on Public Accounts.

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‘A train wreck’: SCOPA chair tears into RAF board over vacancies and fiscal chaos

Committee chairperson Songezo Zibi slams the Road Accident Fund’s leadership for dysfunction, defying court rulings, and turning oversight into a ‘mockery’.

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Ithala’s fate hangs in the balance amid legal battles and funding disputes

Ithala depositors remain locked out of their funds while disputes over frozen accounts, strategic alliances, and government guarantees deepen.

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SIU denies leaking report implicating RAF CEO in R79m lease deal

While the SIU distances itself from the leak, unanswered questions remain about why a lease allegedly approved by Treasury and audited without findings is now under scrutiny.

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SCOPA calls for overhaul at Road Accident Fund after ‘disastrous’ legal outcome

It says the RAF board and executives should be held personally responsible for the expenses incurred in the ‘irresponsible’ court action against the Auditor-General.

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Updated 8 June 2026

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Money Market funds

Updated 8 June 2026

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SA faces tougher FATF evaluation
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