Simon Nare
Parliament’s Standing Committee on Public Accounts (Scopa) has raised concerns about the funding model of the Road Accident Fund and how it will eventually run the entity aground if another version is not found.
The committee met virtually on Friday to consider the first draft report following an oversight enquiry conducted between October 2025 and February 2026.
This was followed by a public inquisition and sworn testimony with non-appearance of key witness and former chief executive officer Collins Letsoalo, who defied summons to appear.
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RAF is funded through a petrol levy which amounts to R4 billion per month, collected by the South African Revenue Service. The entity also receives minor income from ad hoc government grants and interests from investments.
Committee chairman Songezo Sibi said the financial challenges of the entity as a result of financial and
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