Both the chairman and the chief executive officer of the Road Accident Fund (RAF) admitted in the latest annual report that the fund is insolvent, with liabilities exceeding assets by more than R206 billion at end March 2018. The annual report states that the fund “has been insolvent since 1981”. The total liabilities with regards..
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The Road Accident Fund disaster – Victims could be left destitute, despite the high fuel levy we pay for accident insurance
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