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The Road Accident Fund is running out of money – Where it’s all going

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RAF is out of money

South Africa’s Road Accident Fund (RAF) is being bled dry by “suspicious and exorbitant” claims, according to CEO Collins Letsoalo.
The RAF reported an R8.43-billion deficit for the 2022/2023 financial year and is struggling to keep up with the number of claims filed, resulting in a backlog of more than 321,000 cases.
However, the Special Investigating Unit (SIU) has highlighted other failures within the organization, including corruption.

Read more at Top Auto…

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