R6.2bn

Finweek English Edition - - IN BRIEF -

The amount owed to claimants by the Road Ac­ci­dent Fund (RAF), which is op­er­at­ing on a short­fall of R800m a month, ac­cord­ing to the DA. The op­po­si­tion party wants the RAF to put mea­sures in place to pre­vent fur­ther fi­nan­cial losses and to en­sure that claims are con­sol­i­dated quicker to avoid legal ac­tion. The RAF’s legal bill cur­rently stands at R4.6bn.

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