Newsroom

RAF facing severe financial woes as liabilities soar

 Banele GinidzaThe Road Accident Fund (RAF) is facing a dire situation as the revenue derived from the fuel levy is barely able to meet the entity's mounting debts while an accounting standards dispute with the Auditor-General of South Africa (AGSA) currently places the liabilities at over R300 billion.The AGSA's office…
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The importance of funeral cover in South Africa

  In South Africa, funeral cover is the most popular type of insurance, with approximately 22 million adults – 48% of the population – holding a policy. This, however, still leaves more than half of the adult population without funeral cover, which can have significant consequences for families.This gap in cover…
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