Bobby Godsell on South African election

South Africans are gearing up to elect a new government next week in what has been described as the most uncertain election since the country's first democratic vote in 1994. Bobby Godsell, former CEO of AngloGold and a prominent figure in the country's National Planning Commission, spoke with CNBC Europe to shed light on the current political landscape and the potential implications of the upcoming election. Godsell highlighted the unprecedented nature of this particular election, noting that the dominant ruling party, the African National Congress (ANC), is facing challenges that could prevent it from securing a 50% plus majority. This has led to speculation about the possibility of coalition governments, a new development in South African politics. The traditional division along racial lines is giving way to a more complex political landscape, with multiple parties vying for support across different demographic groups. This shift could mark the beginning of a new era in South African politics, with implications for both the short and long term. Godsell emphasized the importance of coalitions in provincial politics, particularly in key provinces like KwaZulu-Natal and Gauteng. While coalition governments can be effective if led by capable leaders with shared values, their success ultimately hinges on the ability to govern effectively and address pressing issues such as corruption, power shortages, and economic growth. Looking ahead, Godsell suggested that the outcome of the election could shape the political landscape for years to come and set the stage for future elections in 2026 and 2029, where coalition politics are likely to remain a key feature.