Africa Intelligence Brief for March 2, 2026

2026-03-02 - 19:13

What matters today 1 Ramaphosa declares “economic recovery has begun” — 2026 budget allocates R1 trillion (~$62B) to infrastructure over three years; social grants reach 26.5M beneficiaries; Treasury withdraws R20B (~$1.2B) emergency tax plan after SARS exceeds revenue targets; debt stabilising for first time in 17 years; deficit narrowing; credit upgrades achieved 2 Nigeria banking