RAF speeds up payouts

COMMITMENT: NEW INTERIM BOARD DISBURSES OVER R17BN IN JUST SIX MONTHS

- Roy Cokayne

The new interim board of the Road Accident Fund (RAF) has been true to its commitment to aggressively pay out claims older than 180 days, disbursing R17.3 billion in compensation to road accident victims and service providers in the past six months.

The RAF also reported that the fund on Friday "celebrated a record one-day payout of R694 million, highlighting the positive impact of fast-tracking initiatives on daily payment volumes".

It said the RAF's payment performance had reached record levels in recent months and in September paid out R4.18 billion, the highest amount disbursed in a single month during the 2025-26 financial year.

It said that by last Friday, the fund had already paid out R2.57 billion in claims for the month and was on track to surpass September's record.

Commitment to expedite payments

The RAF stressed it had fulfilled its commitment to expedite payments to claimants and enhance service delivery.

"These figures demonstrate a significant improvement in payment speed and capacity, reflecting the RAF's concerted efforts to reduce the backlog and enhance turnaround times," it said.

"Claimants, their attorneys and medical service providers are witnessing first hand the benefits of faster and more reliable settlements."