Solar Annular Eclipse 26 Feb 2017 and the economic implications for South Africa

This eclipse takes place at 8 degrees Pisces conjunct Saturn in the SA chart – 27 April 1994. In the SA chart it relates to all financial matters affecting SA. This would include the nation’s assets and financial status, the treasury, revenue services, banks and financial institutions, the stock exchange, money markets and trade and exports.

This does not look like a positive situation for the SA economy and all matters financial. It focuses on the institutions and those holding positions of authority in this sector. Does this relate to a downgrade to junk status by the ratings agencies? Does the Rand take a pounding in the money markets? What are the implications at SARS and the Treasury? Both these institutions have been in the spotlight – one could argue for the wrong reasons. A dark cloud hangs over SARS and the ‘rouge unit’ narrative. The Treasury under Pravin Gordon have been under enormous pressure just doing their job. There has been pressure to continue to bail out the State Owned Enterprises. We know that President Zuma and Finance Minister Gordon have been at war with each other and the scandals related to the Gupta family and the State Capture report by the previous Public Protector. Both Zuma and Gordon are experiencing a Uranus conjunction to their Sun. This has created a very unpredictable period for both these men. The key periods were early May and end Oct 2016 and we know what happened at end Oct last year. The final crunch period occurs at end Feb 2017. We can expect fireworks again. This will happen at the same time as this solar annular eclipse on 26 Feb 2017.

It all points to the fact that the economy and those involved in leadership positions in our economy will be under great pressure. Things do not look positive for the SA economy in 2017 and this eclipse highlights the issues at stake. The growth rate in the SA economy is around 2% and this is not strong enough to reduce unemployment which is sitting at around 27% currently.

We need to focus on structural reform in our economy and the long term implications of any decisions taken. All decisions made will effect our image in the world and the long term prospects of the SA economy in the global arena. There is also a link between our economy and secret enemies of the nation at home and abroad. We can only hope that these elements are exposed at this time.

This eclipse is part of the Saros Series 19 South. This family of eclipses is associated with an element of pleasant surprise and a lucky break. Eclipses are felt more strongly where they are visible and this eclipse will travel through South America and West and Southern Africa. A partial eclipse will be visible in SA.

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Louise Kerby

I am an astrologer practising traditional astrology in Cape Town. I specialise in birth chart readings. I am passionate about people’s stories and their life’s journey. It is very empowering for a client to understand and accept their life story. I am also fascinated by world events and the links to the planetary cycles. It is this notion of history repeating itself that fascinates me.