During Julius Malema’s statement to the media, the EFF leader admitted that the 2024 election had not been “easy” for the party.
"[It] was fighting, not only against the ruling party, but against many puppets of the white racial capital establishment existing as political parties - and in different media platforms."
The results show that the EFF has lost its status as South Africa's second-biggest opposition party, polling 9% of the vote behind the new party uMkhonto weSizwe (MK), led by former President Jacob Zuma.
Malema said the EFF had suffered at the hands of MK in KwaZulu-Natal, Mpumalanga and Gauteng provinces.
“We nevertheless commend the people of South Africa for voting the ANC from the ruling majority.
"Parliament will now be better positioned as a true representative of our people, and not a platform to protect the political elite of the ruling class."
He set out some conditions for the EFF to enter in a coalition - including land expropriation.
He is currently answering questions from journalists - and has said the EFF is willing to talk and its preferred coalition party would be the ANC because the former liberation movement had been humbled.
"We want to work with the ANC... because the ANC when compromised, it is not arrogant."
Malema has added he isn't resigning: "I'm not going anywhere."