Major regulatory body accused of mismanaging R2.59 billion in workers’ benefits

• The NBCRFLI has been accused of placing the money it collected for workers’ benefits on its books as its own assets, raising concerns over transparency in the council’s financial reporting.
• The NBCRFLI was established in 1946 to regulate employment conditions, wages, and labour standards in South Africa’s road freight and logistics sector.
• ISS managing director Arnoux Maré called on the Registrar and Department of Employment and Labour to verify compliance and require the NBCRFLI to publish its separate financial statements.