R176 billion - that’s the cost of road crashes to South African economy

  • 📰 IOL
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

Finance Finance Headlines News

Road crashes cost the South African economy over R176bn last year, the Road Traffic Management Corporation said.

Johannesburg – Road crashes cost the South African economy over R176bn last year, the Road Traffic Management Corporation said on Wednesday.

Simon Zwane, the spokesperson for the RTMC, said there were 12 956 deaths on South African roads last year, costing the economy over R176bn. In a 2016 report which explored the cost of road crashes to the economy, the RTMC said the high number of road traffic crashes and their associated consequences had a significant impact on society which continues to hamper socio-economic development and impact on the well-being of all South Africans.

’’Understanding the cost elements of these cost categories facilitates informed decision-making for designing and implementing appropriate actions and interventions aimed at reducing RTCs and their impacts,” the report said in part. Smit said the problem was that there was under-testing and the conviction rate for drink driving was between 2 to 7%.

“We don't really need zero because we can stick to the 0.05 mg limit and test aggressively, but our enforcement is not good enough and our education of alcohol and driving is not good enough.Smit said one 750ml beer quart would leave a motorist over the limit, as it would be 0.08mg.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 46. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

STA Travel’s sudden closure has left furious South Africans asking: ’Will we get our refund?’Furious South Africans who booked holidays with the travel company are left in the dark regarding the future of their holiday. IOLTravel COVID19 LockdownSA
Source: IOL - 🏆 46. / 51 Read more »

Virus means at least a 5-year hit to South Africa GDP: UNSouth Africa's economy will take at least five years to recover from the impact of the coronavirus, the United Nations said.
Source: eNCA - 🏆 49. / 51 Read more »