Road Accident Fund News Update: Board Dissolved, Parliamentary Inquiry, and Calls for Reform – August 4, 2025

Road Accident Fund News Update: Board Dissolved, Parliamentary Inquiry, and Calls for Reform – August 4, 2025

Latest Developments:

• RAF Board Dissolved: On July 15, 2025, Minister Barbara Creecy dissolved the Board of Directors of the Road Accident Fund (source), marking a significant intervention in the ongoing governance crisis.
• Industry at a Crossroads: Analysts question whether this move will bring long-overdue relief to the troubled fund (source).
• Parliamentary Inquiry: The Standing Committee on Public Accounts (SCOPA) has adopted terms of reference for an inquiry into RAF’s financial management and governance failures (source).
• Calls for Reform: Opinion leaders and legal experts are calling for a robust clean-up of the RAF to better serve accident victims and the public (source).
• Statutory Changes: The RAF has gazetted new statutory limits on claims, impacting compensation calculations (source).
• Litigation Issues: The RAF continues to face criticism for its approach to litigation, with reports of millions wasted on chaotic court cases (source).

These developments highlight a period of significant change and scrutiny for the Road Accident Fund. Stakeholders are watching closely as government, parliament, and the legal community push for greater accountability and reform. Stay tuned for more updates on the future of road accident compensation in South Africa.

Keywords: Road Accident Fund South Africa, RAF news, road accident compensation, legal reform, South Africa news