Malawi’s incumbent President Lazarus Chakwera conceded electoral defeat, acknowledging that his rival Peter Mutharika held an “insurmountable lead,” and pledged to ensure a peaceful transition.
Malawi’s President Lazarus Chakwera on Wednesday publicly accepted defeat in the September 16 election, stating that “it was clear that my rival Peter Mutharika has an ‘insurmountable lead’” in his address to the nation.
He added that, “A few minutes ago, I called Professor Mutharika to wish him well,” ahead of the official results announcement.
During his tenure, Chakwera faced criticism over economic mismanagement, with inflation reaching 33 percent and marked surges in the cost of maize and fertiliser—issues that weighed heavily on voters. Critics accused him of indecisiveness and failure to fulfil key campaign promises.
Looking ahead, Chakwera emphasized his commitment to democratic norms: “In the days that remain, I want you to know that I am committed to a peaceful transfer of power. I know that many of you who supported my campaign for reelection will be disappointed.”