Road Accident Fund on the brink of financial implosion
South Africa's Road Accident Fund is facing a severe financial crisis with liabilities exceeding R300 billion, while a ...
The Citizen2d
R25.5 billion deficit over five years — Can RAF afford to pay out claims?
Nicholas Mokoena, deputy business unit leader at the Auditor-General, told the Standing Committee of Public Accounts (Scopa) ...
RAF's R25bn deficit and legal disputes draw parliamentary scrutiny
Parliamentary divisions deepen as the Road Accident Fund's R25. 5 billion deficit and ongoing legal battles with the ...
Briefly on MSN8d
“I Didn’t Blow My Money”: Woman Shares How She Spent R1.4m RAF Cash, SA Doubtful
A woman shared that she received R1.4 million from the Road Accident Fund and explained how she used the money. Local app ...
BusinessTech2d
How an important state-owned entity made R300 billion ‘disappear’
The Auditor General of South Africa has criticized the Road Accident Fund for its refusal to use approved accounting standards, delivering another adverse audit outcome for the 2023/24 financial year.
Cape Town ETC4d
Legal experts slam RAF’s standardised compensation plan
South Africa’s Road Accident Fund (RAF) has come under intense scrutiny from leading personal injury law firms in a response ...
Briefly on MSN8d
“Ramaphosa Must Visit This Man”: SA Praises Gent Using R1.3 Million RAF Money to Improve Community
South Africans praised a selfless man who was generous enough to spend his R1.3 million RAF payout to install pipes for ...
Moneyweb11d
RAF criticised for processing claims ‘at the pace of an arthritic snail’
A Johannesburg High Court acting judge has criticised the Road Accident Fund (RAF) for processing and settling claims from ...
The Citizen16d
Road Accident Fund payout victim kidnapped with teen girls in Mandeni
A man who recently received a payout from the Road Accident Fund and two teenage girls were kidnapped in Sundumbili, Mandeni, last week. Police swiftly traced them to Durban, where they found the ...