Tag: Fuel Levy

  • Road Accident Fund Insolvency has Deep Roots, Scopa Told

    Former Road Accident Fund (RAF) board members have told Parliament that the fund’s crisis is not new. They said the RAF has faced sustained financial distress for more than three decades. In their account, liabilities have exceeded assets since at least 1981. That, they argued, left the fund “technically insolvent” for decades. The testimony was delivered to Parliament’s standing committee…

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