RAF records a R1.6 billion deficit

The Road Accident Fund has recorded a deficit of R1.6-billion in the financial year 2023/24. The fund says this is due to the three consecutive years of no fuel levy increases. RAF CEO, Collins Letsoalo, says the executive team inherited a fund with a multitude of challenges. But, the fund is still functional as it continues to turnaround the organisation through its new model. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.