Africa Intelligence Brief for Tuesday, March 3, 2026

2026-03-03 - 17:53

What matters today 1 Iran war oil shock threatens Africa’s rate-cutting cycle — Brent crude surges to ~$80/barrel (+9% since Friday), Strait of Hormuz traffic near-halted as Maersk, MSC and CMA CGM suspend transits; SA fuel prices rise from tomorrow (petrol +20c/l, diesel +62–65c/l); Bloomberg warns African central banks may delay further easing; rand weakens