Out-of-court settlements are the silver bullet for Road Accident Fund
Annual savings of about R10.6bn could be achieved through the process, and time to reach resolution cut to months
02 May 2021 - 23:14
The Road Accident Fund (RAF) is a vital institution in a country in which road injuries and deaths are all too common and as many as 70% of cars are uninsured.
However, over the past few years the fund has been at the centre of a media storm, largely due to its financial state. While the RAF should undoubtedly be subjected to the same level of scrutiny as any other public institution, much of the commentary about it is misplaced. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.