The former CEO of the Road Accident Fund (RAF), Collins Letsoalo, was paid R9.8 million in the 2025 financial year, including a bonus of nearly R3 million. This was revealed in the RAF’s 2025 annual report, which showed that Letsoala’s pay package included a basic salary of R7.066 million, as well as a performance bonus of R2.773 million. This comes after the former CEO was suspended from the state-owned entity and refused to appear before an official parliamentary inquiry – something he could potentially face criminal charges over.
Sam Busa