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RAF bank account attachment lifted

07 February 2017 | Motor

The Road Accident Fund’s (RAFs) bank account attachment by Sheriffs of the Court have been lifted and payments to claimants, service providers, stakeholders and caregivers have resumed. The attachment obstructed payments to the value of approximately R550 million to various stakeholders.

A first for the HCV market: Truck hire

07 February 2017 | Product Offerings

Natsure HCV & Commercial announced today that they are now able to offer Truck Hire as part of their HCV product offering. This option will provide a fleet owner with a replacement Truck -Tractor for a period of 30 days whilst the fleet owners damaged vehicle is in for repairs after an accident.

New smart phone app and tracking system aids insurance

06 February 2017 | Motor

To assist insurance companies in minimizing their risk ratio, GPS Tracking Solutions, a division of Eqstra Fleet Management & Logistics, has launched GPS Lite, a tracking system and smartphone app which allows both drivers and their insurance companies to manage driver behaviour by producing a driver profile/scorecard highlighting speeding, excessive idling and harsh braking. A SARS compliant logbook is also included in the app – this can be managed, but it is initially determined by the driver’s working hours.

Road Accident Fund payments on hold

03 February 2017 | Motor

The Road Accident Fund (RAF) regrets to inform claimants, service providers, stakeholders and caregivers that payments have ground to a halt due to the RAF’s bank account being attached by the Sheriff of the Court. This is a result of a few legal firms whose actions have disrupted an established cash management plan which now inconsiderately prioritises them over those who have patiently been awaiting payment.

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Question

If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?

Answer

2026, as promised 2027 looks more likely Impossible to say More consultation needed

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