That R2.18/litre you pay funding “opportunistic” RAF claims of R3bn
The beleaguered Road Accident Fund is losing an estimated R3bn a year to opportunistic loss of income claims from people who suffered only minor injuries in a motor accident.
Road Accident Fund
Budget 2022: The Executive Summary
Corporate income and profit has been more resilient than anticipated and collection of both personal income tax and VAT above expectations.
‘Bleeding’ Road Accident Fund moves to gag audit release
In early February this year, the Road Accident Fund (RAF) went to court on an urgent basis seeking to interdict the Auditor General’s office from publishing its audit findings in Parliament.
Flash Briefing: Police close in on minister for spying on SA captains of industry; Road Accident Fund in crisis
Former intelligence minister David Mahlobo is facing a police investigation over illegal spying activities on critics of former president Jacob Zuma.
Mboweni rescues SAA with another R17bn from taxpayers
Finance Minister Tito Mboweni announced taxpayer support to rescue SAA, ending a long personal resistance to funding further bailouts.
SA bickering while Rome burns – economist
Various other risks, like South African Airways, the Road Accident Fund and medical negligence lawsuits (R98bn), continue to linger.
South Africa should ‘freeze or cut’ fuel levy – ANC
South Africa should “seriously consider” freezing or decreasing its fuel levy to reduce the impact on consumers of record-high gasoline prices, the ruling African National Congress said.
Petrol price: This is where your money actually goes
To understand how the fuel price is comprised, the Automobile Association (AA) gives us this snapshot of how the cost of every litre of petrol inland, and at the coast, is determined.
Sanral compounds motorist’s agony – increases toll rates
On the back of increases to the general fuel levy and Road Accident Fund levy coming in April, motorists now also have to contend with increases to toll rates announced by the South African National Roads Agency.
Winners and Losers from Budget 2017
Alec Hogg spent the morning in lockup with Finance Minister Pravin Gordhan. Here’s his list of winners and losers from the 2017 budget.