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ZIMBABWE WITH 1,2million vehicles, high accident, injury and death toll, plan to levy fuel
The aim of the fund is to offer road traffic accident victimsthat will ensure compulsory compensation of road traffic accident victims, an official has said. compensation for injuries and death.
South Africa , Namibia and Botswana governments have similar models with South African leving 11 cents per litre on fuel towards the fund and generating approximately US$2 billion per year.
This fund is basically an insurance covering death of relatives in accidents, medical expenses in the case of injury, post hospital costs and loss of future earning potential, based on level of incapacitation due to the accident.
The Namibian and Botswana schemes are adapted from the South African model.
The Namibian and Botswana funds are generating an excess but the South African fund is in dire constraints, for example , of R33 billion generated by the South African fund last year, a total of R6,6bn was paid out to lawyers, yet only R120 million covered medical costs of victims. Sibusiso Ngwenya