Road Accident Fund in Crisis: Board Dissolved, CEO Suspended, and Parliamentary Inquiries – July 23, 2025 Update

Road Accident Fund in Crisis: Board Dissolved, CEO Suspended, and Parliamentary Inquiries – July 23, 2025 Update

Latest News on the Road Accident Fund (RAF) in South Africa

The Road Accident Fund (RAF) has been at the center of major developments in July 2025, with significant implications for road accident victims and the broader public. Here’s a summary of the key updates:

1. RAF Board Dissolved by Minister Barbara Creecy

On July 15, 2025, Minister of Transport Barbara Creecy announced the dissolution of the RAF Board of Directors (source). This move follows ongoing concerns about governance and financial mismanagement within the fund.

2. Suspension of CEO Collins Letsoalo

Shortly before the board’s dissolution, RAF CEO Collins Letsoalo was suspended amid allegations of misconduct and mismanagement (source). The leadership shake-up is seen as a step towards accountability and reform.

3. Parliamentary Inquiries and SCOPA’s Role

The Standing Committee on Public Accounts (SCOPA) has adopted terms of reference for a full inquiry into the RAF’s financial matters, with hearings expected to begin in September 2025 (source). This inquiry aims to address longstanding issues of mismanagement and ensure transparency.

4. RABS Bill Raises Concerns

The Association for the Protection of Road Accident Victims (APRAV) has raised alarms about the reintroduction of the Road Accident Benefit Scheme (RABS) Bill, warning that it could limit the rights of accident victims and create a system of exclusion (source).

Conclusion

July 2025 marks a turning point for the Road Accident Fund, with sweeping changes in leadership, increased parliamentary oversight, and renewed debate over the future of road accident compensation in South Africa. Stakeholders and the public will be watching closely as these developments unfold.

For more updates on the Road Accident Fund and related news, stay tuned to our daily coverage.