Tag: Department of Transport

  • RAF Insolvent with R27.8 Billion Deficit Woes

    The Road Accident Fund (RAF) is insolvent, with a R27.8 billion accumulated deficit, decades-old claims backlogs, and severe governance failures, Parliament’s Standing Committee on Public Accounts (Scopa) has heard. The fund’s leadership and the Auditor-General have acknowledged the RAF’s insolvent state. They painted a grim picture of an entity in deep operational and financial crisis. RAF officials confirmed to the…

    Continue reading with a Health Matters subscription

    Subscribers read every article in full, receive the daily briefing and have access to the complete archive.

    SubscribeLog in