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RAF liabilities could increase by R400bn | SA News

The Road Accident Fund (RAF) has confirmed that its liabilities could increase by between R300 billion and R400 billion because of its decision to revert to its previous South African accounting standard.

But it denies that it has “hidden” liabilities of R230 billion from about 80 000 legitimate claims that have not been registered on the RAF’s system because of the use of a new claim form.

Who will the RAF listen to? [Mar 2025]
RAF preparing financial statements using accounting standard ‘not available’ to it [Apr 2025]

RAF interim chair Kenneth Brown told Moneyweb in an exclusive interview at the weekend…

Big Five: The term “Big Five” refers to the five most sought-after animals to see on
safari: lions, leopards, elephants, buffaloes, and rhinoceroses.

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  1. Ja, Nee – Yes, NoOften used in succession, these two words are used to express agreement or confirmation with someone or something.Example: “Ja, Nee, I’m fine thanks.”