'Amended law covers all road crash victims'

The Minister of Finance and Development Planning, Kenneth Matambo, said the results of the last actuarial review revealed that the Fund was in a healthy financial position. However, changes in the mandate of the Fund or increases in the frequency and severity of road crashes would negatively affect the Fund's ability to meet its expenses, he added.

Matambo said the financial sustainability of the Fund was constantly being reviewed and that the next actuarial review would be done during the course of the year. The outcome of the review would give a clear indication of the financial sustainability of the Fund beyond National Development Plan 10 (NDP 10). Answering a question from the MP for Shoshong, Phillip Makgalemele, this week, Matambo said one of the outstanding features of the Motor Vehicle Accident Fund Act 2007 was that it provides coverage for all victims of road crashes, regardless of fault.