LILONGWE, Malawi — Malawi’s President Lazarus Chakwera has conceded defeat in last week’s election, acknowledging that his rival, Peter Mutharika, had established an “insurmountable lead.” In an address to the nation on Wednesday, Chakwera’s announcement came just hours before the election authority was scheduled to release the final results.
The former pastor, who took power in 2020 by defeating the then-president Mutharika, confirmed he had already reached out to his opponent.
“A few minutes ago, I called Professor Mutharika to wish him well,” Chakwera said. He added that ahead of the official announcement, “it was clear that my rival Peter Mutharika has an insurmountable lead over me.”
The outcome of the election, held on September 16, was largely shaped by the dire state of the economy in the small southern African country.
Throughout the campaign, critics accused Chakwera of economic mismanagement, indecisiveness, and failing to deliver on key promises to create jobs and tackle corruption.
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During his term, the agriculture-dependent nation saw inflation soar to 33 percent, while the costs of staple foods like maize and of crucial fertilisers jumped significantly.
Despite the setback, President Chakwera pledged his full commitment to a peaceful transition of power.
“In the days that remain, I want you to know that I am committed to a peaceful transfer of power,” he said.
Acknowledging the disappointment among his supporters, he concluded, “I know that many of you who supported my campaign for reelection will be disappointed.”
