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Cost of Easter road deaths calls for new approach to road safety

24 April 2015 | Motor

This Easter was SA’s worst recorded death toll for an Easter period. The number looks set to rise to 400 once all fatalities have been accounted for, after an obligatory 30-day period. While the annual cost of road accidents to the economy is R309bn, the solution to the problem may lie in the money.

The reality of vehicle cloning in South Africa

24 April 2015 | Motor

According to estimates released by the South African Insurance Crime Bureau (SAICB), R8.5 billion worth of vehicles are stolen in SA each year. Almost 30% of these vehicles (worth approximately R4.9 billion) make it across our borders whilst approximately R3.1 billion worth of vehicles remain behind (and get cloned) and R514 million worth of vehicles end up in local chop shops. Surprisingly, only 39 000 vehicles reappeared in the insurance sector’s system last year, which is excellent, but a drop in the bucket considering the statistics above. Where are the rest of the 61 000 (of the estimated 100 000) cloned vehicles on our roads?

Car jamming is a reality

22 April 2015 | Motor

Those car-jamming warning messages have been flooding our inboxes and phones, and most of us assumed it was a hoax. But the nightmare is a reality. Car jamming incidences have been increasing in recent months and show no signs of slowing down.

SA businesses to guard against increasing liability risks

22 April 2015 | General

The new Companies Act has resulted in decision makers having their every action closely scrutinised, and directors – both within the corporate and small and medium enterprise (SME) environment – are increasingly being held personally liable for the consequences of negligent decisions.

quick poll

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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