ROAD ACCIDENTS COST SOUTH AFRICAN ECONOMY 143 BILLION RAND
Road accidents are costing South Africa's economy 142.95 billion Rand (about 10.2, billion US dollars), says Transport Minister Dipuo Peters, citing a 2016 study conducted by the Road Traffic Management Corporation (RTMC) and the Council for Scientific and Industrial Research (CSIR).
Addressing the 3rd National Road Safety Summit here Monday, she said the loss to the economy translated to 3.4 per cent of South Africa's gross domestic product (GDP), and it was 1.4 per cent higher than the international benchmark.
These costs included human casualty which stood at 69.3 per cent, while vehicle repairs cost 14.9 per cent and incidents and infrastructure cost 15.8 per cent.
"We cannot afford to allow the economic impact of road fatalities to circumvent our common vision and objectives as spelled out by the National Development Plan (NDP), which seeks to address the triple challenges of unemployment, poverty and inequality by 2030," Peters said.
She added that the Transport Department was also in the process of establishing Community Road Safety Councils as part of its social uplifting and reconstruction programme in line with the NDP. The structures will be established by 2017.
"We are working on the process of enhancing the inclusion of road safety in the school curriculum, especially as part of life orientation," she said.
The department is also working at introducing traffic courts to give necessary attention to traffic offences, which are currently viewed as negligible offences.
Source: NAM NEWS NETWORK.