: In South Africa, four new Covid-19 deaths have been reported, totalling 100,050. The country has 11,781 active cases and a recovery rate of 97.0%.Energy regulator Nersa proposes an average increase of 7.47% in municipal electricity tariffs from 1 July. The regulator currently faces two legal cases regarding its system of tariff setting, which it opposes. In a recent meeting, an experienced member of Nersa conceded that their practice falls short in terms of the law.
[The World Bank is hopeful about its new relationship with South Africa and said it would work with Eskom and Transnet to support projects that can improve South Africa’s investment potential. This week, the World Banks’ vice president for East and Southern Africa will hold discussions with the National Treasury and other state-owned entities, noting that these groups could benefit from the Bank’s technical expertise and funding.