collins letsoalo department of transport

They prioritised the task of appointing a fit and capable CEO to steer the ship and confront the intractable challenges head-on," the Minister said. All rights reserved. "The passage of this Bill will establish a sustainable Road Accident Fund Benefit Scheme predicated upon social insurance and capped benefit principles," the Minister said. The announcement was made on Friday by Fikile Mbalula, who holds the position of a Transport Minister. "I am pleased to announce that Cabinet has approved the appointment of Letsoalo as the CEO of the RAF. "This legislation will not only place the RAF on a stable footing but will also ensure that the intended beneficiaries receive their benefits much quicker in order to restore their livelihoods affected by road crashes," the Minister said. Attention: News Editors / Transport Reporters / All Reporters. 2 Today we roll out the 365-Days Arrive Alive Campaign against the backdrop of the COVID-19 pandemic that continues to ravage our country and â¦ The number of claimants engaged through RAF âOn the Roadâ and other community outreach programmes, increased from 66 000 to 78 300.The RAF Call Centre responded to 408 675 â¦ Transport Minister Dipou Peters has asked the Prasa board to investigate the allegations. There is an identity of interest amongst all of the applicants. Phone: +91-130-6444012, +91-7027739813, 14, 15, Updated: 07-08-2020 17:50 IST | Created: 07-08-2020 17:50 IST. "Letsoalo joins the RAF at a time when it is facing daunting challenges and requires a steady hand to guide it through the change into the Road Accident Benefit Scheme, once the enabling law has been passed by Parliament. Additionally the Minister requested the Board to furnish her with reasons for the cause of public spats that played themselves in the media between the Board and the former Acting Group CEO. He has been acting in the position. | Privacy Statement | Terms Of Use, Minister of Transport statement on the Passenger Rail Agency South Africa (PRASA). While the majority of these legal costs are incurred, there is very little value-added, as most of these claims (more than 90%) are settled out of court, after an average of five years has elapsed. The Minister of Transport, Fikile Mbalula, says the appointment of Collins Letsoalo as the new Chief Executive Officer (CEO) of the Road Accident Fund (RAF) will bring stability to the organisation. Complainant: Mr Collins Letsoalo, former acting CEO of the Passenger Rail Agency of South Africa (Prasa) Date of article: ... Three months after he had been seconded to Prasa from the Department of Transport in July 2016, Letsoalo reportedly raised his salary from R1.3-million to R5.9-million a year. The Minister said Letsoalo brings to this role a wealth of management experience both from the public and private sectors. "The R17.2 billion is owed to claimants, who have already waited, on average, for five years, to have their claims settled," the Minister said. Collins Letsoalo has been approved by the cabinet as the chief executive officer of the Road Accident Fund . The Minister of Transport, Fikile Mbalula, says the appointment of Collins Letsoalo as the new Chief Executive Officer (CEO) of the Road Accident Fund (RAF) will bring stability to the organisation. We welcome this decision and we believe this appointment will go a long way in placing the RAF on stable footing," the Minister said on Friday. The neglect of early investigations and settlement of claims has also resulted in the fund receiving an average of just over 4 353 summons per month," the Minister said. Adds London Mayor and Priti Patel By Sonia Elks and Zoe TabaryLONDON, March 13 Thomson Reuters Foundation - London police faced criticism on Saturday and calls for investigations after clashing with crowds at a memorial for murder victim Sa... Email: info@devdiscourse.com "This means that less than 5% of the RAF legal matters end up in front of a judge while constituting more than 80% of the civil trial court rolls. The Committee was provided with insight into key interventions across the Departmentâs seven Programmes i.e. When Lestoalo took over, Molefe said he â¦ Take a listen to the EWN update: Also listen: Collins Letsoalo: Prasa board can't fire me Then-transport minister Dipuo Peters seconded Letsoalo to Prasa from the Department of Transport in July 2016. The Federation of Unions of South Africa (FEDUSA) has welcomed the unanimous decision by the Board of the Passenger Rail Agency of South Africa (Prasa) to terminate the services of its Acting Group Chief Executive Officer Collins Letsoalo. Republic of South Africa. For immediate use Pretoria: The Minister of Transport, Ms Dipuo Peters, has taken a decision to withdraw the secondment of Mr Collins Letsoalo from the Passenger Rail Agency South Africa. âI am pleased to announce that Cabinet has approved the appointment of Letsoalo as the CEO of the RAF. CEO of the Road Accident Fund, Collins Letsoalo Acting CEO of the Cross-Border Road Transport Agency, Mr Lwazi Mboyi Heads of Department present Officials from the Department of Transport and Entities Distinguished guests Ladies and Gentlemen . He says he has confidence that Letsoaloâs leadership will place the fund on a stable footing. Administration, Integrated Transport Planning, Rail Transport, Road Transport, Civil Aviation, Maritime Transport, Public Transport, in the meeting of the targets. Of the revenue collected, more than R17 billion or 40% of this goes to administrative costs, with only R26 billion or 60% received by claimants. Molefe said instead, Peters chose to appoint former Department of Transport executive Collins Letsoalo as acting chief executive. He says he has confidence that Letsoaloâs leadership will place the fund on a stable footing. This was announced by the Transport Minister , Fikile Mbalula on Friday. COLLINS LETSOALO AS ACTING GROUP CHIEF EXECUTIVE OFFICER Up until March 2015 when he resigned from his position, one Mr. Lucky Montana was the Group Chief Executive Officer ("GCEO") of PRASA. Pretoria: The Minister of Transport, Ms Dipuo Peters, has taken a decision to withdraw the secondment of Mr Collins Letsoalo from the Passenger Rail Agency South Africa. Collins Letsoalo was dismissed as the Prasa acting group CEO, but says only minister of transport can terminate his contract. (With Inputs from South African Government Press Release). Mr Letsoalo’s secondment to PRASA with effect from 1 July 2016 was in accordance with the Public Service Act, read in conjunction with the Public Service Regulations, which provides for a secondment of an employee. He said the fund has operated on a financially unstainable model for a number of decades. This 350% increase in salary, Molefe said, was never approved by the board as he was entitled only to a â¦ The Department of Transport is working with Parliament to ensure the Road Accident Benefit Scheme Bill is passed. Hundreds of demonstrators gathered for a rally and march in Louisville, Kentucky, on Saturday to mark the one-year anniversary of the killing of Breonna Taylor, whose death helped fuel U.S. protests against police brutality.Taylor, a Black ... Brazil registered 76,178 new cases of coronavirus and 1,997 new COVID-19 deaths, the Health ministry said on Saturday.The country has recorded a total of 277,102 deaths and 11,439,558 cases. Fikile said he has confidence that Letsoaloâs leadership will place the fund on a stable footing. The new CEO brings with him various qualifications, including a â¦ Dismissed Prasa acting CEO Collins Letsoalo â¦ Letsoalo was the Chief Financial Officer of the Transport Department. Letsoalo has been the RAF âs acting CEO for the past few months and recently served as chief financial officer of the transport department. Collins Letsoalo to sue Prasa for R20m. He only left PRASA in July 2015. "I have no doubt that he will rise to the occasion and provide decisive leadership in tackling the challenges," the Minister said. He also served as Acting CEO of the Passenger Rail Agency. Mr Letsoalo will have an opportunity to present his side of the story to the Minister as part of the ongoing investigation by the Minister on the affairs of Prasa. Letsoalo holds various qualifications including a Bachelor of Commerce in Economics, Advanced Diploma in Central Banking, a Diploma in Treasury Management and Trade Finance, a Postgraduate Diploma in Trade Finance, as well a Postgraduate Diploma in Management. "I am pleased to announce that Cabinet has approved the appointment of Letsoalo as the CEO of the RAF. In the R26 billion paid, there is a further 'success fee' to the claimant's attorney, as part of the contingency fees agreement entered into between the claimants and their legal representatives," the Minister said. He said the RAF registered 328 173 new claims and finalised 229 534 claims in 2018/19. He has been acting in the position. Mr Collins Letsoalo presented as Acting CEO for both the Road Accident Fund and the Cross-Border Road Traffic Agency (C-BRTA). "However, this challenge is compounded by the ever-increasing administrative costs of the RAF scheme. Letsoalo was the Chief Financial Officer of the Transport Department. The Road Accident Benefit Scheme Bill was introduced in Parliament with the aim of addressing the challenges faced by the RAF. He said these challenges require strong and visionary leadership. Transport minister Fikile Mbalula has welcomed the appointment of Collins Letsoalo as CEO of the Road Accident Fund (RAF). The Department had 31 planned targets in total. As of 31 March 2020, the RAF liability grew to R324 billion and also had claims of R17.2 billion that had been finalised but could not be paid due to financial cash flow challenges. Letsoaloâ then the Transport Department's chief financial officerâ was seconded to Prasa by the department last year with an annual package of R1.3-million plus a 12% "acting allowance". One of the new CEO's first tasks will be to â¦ "The board we appointed in December wasted no time tackling the challenges head-on. Friday, August 7, 2020 The Minister of Transport, Fikile Mbalula, says the appointment of Collins Letsoalo as the new Chief Executive Officer (CEO) of the Road Accident Fund (RAF) will bring stability to the organisation. "Of the R17 billion, R10.6 billion is legal costs. The Prasa board fired him four months later. Transport Minister Fikile Mbalula announced the appointment on Friday. Department of Transport 159 Forum Building Pretoria 0001, Copyright © 2020 Department Of Transport. Each time some are injured on our roads, whether they are South African or foreign nationals, the RAF incurs liability," Mbalula said. He says Prasa group executive for human capital Bhekani Khumalo and former chairperson Popo [â¦] In October, she said in a letter to the acting director general of the Department of Transport that the board had agreed to pay Letsoalo R5 986 140.07, to be backdated to his appointment date. âI am pleased to announce that Cabinet has approved the appointment of Letsoalo as the CEO of the RAF. Letsoalo was over the last few months on secondment from the Department of Transport as the acting CEO at the RAF. Collins Letsoalo has been appointed as the CEO of the Road Accident Fund. Addressing the media in Pretoria, Letsoalo says he is taking civil action against the newspaper despite its apology, which he claims is not enough. Minister Peters decision should not be misconstrued as an indication of any wrongdoing by Mr Letsoalo, however it should be understood as part of the broader intervention by the Minister to restore stability at Prasa. The Minister of Transport, Fikile Mbalula, says the appointment of Collins Letsoalo as the new Chief Executive Officer (CEO) of the Road Accident Fund (RAF) will bring stability to the organisation. Transport Minister Fikile Mbalula announced the appointment on Friday. Collins is a trained Economis t, Banker, Corporate Financier and Financial Markets Practitioner. Former Passenger Rail Agency of SA (Prasa) acting chief Collins Letsoalo said on Tuesday he would sue the utility, the Sunday Times newspaper, and other individuals for about R20 million for fraud and defamation. The Minister will be in a position to communicate further on the matter once she has received a detailed report from the Prasa Board and Mr Letsoalo. PRETORIA - The Transport Department has confirmed it has recalled the Road Traffic Management Corporation (RTMC)'s acting CEO Collins Letsoalo. The departmentâ¦ "The key driver of this liability has been the increasing number of claims and the high administrative costs. Cabinet has approved the appointment of Collins Letsoalo as the chief executive officer (CEO) of the Road Accident Fund (RAF), Transport Minister Fikile Mbalula announced on Friday. Three months later he gave â¦ Collins Letsoalo has been appointed as the CEO of the Road Accident Fund. The Transport Department will be held financially liable for the 350% salary hike disgraced Passenger Rail Agency of South Africa acting group CEO Collins Letsoalo secured himself. In his previous capacity as the Chief Financial Officer of the department, he was intimately involved in providing support to the fund. SPEAKER: COLLINS LETSOALO Acting CEO of the Cross Border Road Transport Agency - South Africa Collins Letsoalo was born in Ga-Molepo village in the Limpopo Province of South Africa. Letsoalo is now a top official in the department of transport and wants financial compensation from the paper. Letsoalo has rejected an apology offered to him by the Sunday Times. During the 2019/20 financial year, the fund registered approximately 102 086 new claims. "The RAF continues to experience tremendous pressure on its ability to carry out its mandate. Letsoalo was the RAFâs acting CEO for the past few months and previously served as chief financial officer of the transport department. He has been in the acting position for some while now. Collins Letsoalo has been appointed as the CEO of the Road Accident Fund. He says the Minister of Transport also explained in a letter that Letsoalo will remain on the salary he was getting from the Department plus all â¦ During that same month the Board appointed a certain Nkosina Khena to act in that portfolio. [6] The applicants under case CCT 182/17 are the Department of Transport (DoT), its Director-General, some of its officials, the Minister of Transport, the Road Traffic Management Corporation (RTMC), and its former acting and current Chief Executive Officers (CEOs). Collins Letsoalo DoTâs Chief Finance officer 9 | Sep 19, 2014 DoT sent packing by Parliament Being un-prepared and having inaccurate information ensured that the Department of Transport (DoT) was sent packing by Parliamentâs Portfolio Committee on Transport.