EFF statement on misleading media headlines forecasting a R4.61 petrol price cut and mistruths regarding economy recovery in the DA-ANC grand coalition
26 September 2024
The Economic Freedom Fighters (EFF) has noted the nauseating and false media reports by media platforms in South Africa, which have published deliberately misleading headlines which forecast and suggest that there will be a decrease in the price of petrol in South Africa by R4.61 in October 2024.
These media headlines which portray protracted and year-on-year decreases in the cost of petrol, that would accumulate to R4.61 in October 2024 should there be a decrease, are now presented as if they are a massive decrease in petrol prices of this cumulative amount on one projected occasion in October 2024, as a result of the DA-ANC coalition.
This is done deliberately, and is part of a much larger narrative by economic publications in South Africa, to develop a sentiment that there is economic recovery in the country as a result of the DA-ANC Grand Coalition.
This is not the first of this kind of reporting, and South Africans ought to be aware that media publications whose mandate is reporting on economic affairs have taken an editorial posture to misrepresent economic data and peddle falsehoods about purported economic growth, declines in the cost of living, and the minimal decrease in inflation rates as work done by the neo-liberal coalition that is in government.