I think Wal is perfectly correct, and you have an early Octopus 'Vaal' which could be used for spinning or sea fishing.
Edgar Sealey rods certainly had a strong link with South Africa in the 50's ... as the 'Late News Flash' in their 1958 leaflet shows :-
((I'm happy to cast 5 yards in my tiddler snatching escapades !!!
![Surprised :shocked:](./images/smilies/icon_confused.gif)
))
The leaflet also helps to date your rod to at least 1957 or earlier, as I believe it had been dropped from their range before this publication shows their move into solid glass rods for spinning and sea fishing ... and by the 1964 'Edgar Sealey Fishing Equipment Price List' they have expanded their range further into hollow glass spinning and sea rods too.
The only built cane sea and spinning rods by this year are the two Salmex, the Sea Leader, the Sea Sprite, and the Sea Standard.