In an address to the nation, Chakwera, 70, said he had called Mutharika to congratulate him.

“A few minutes ago, I called Professor Mutharika to wish him well,” Chakwera announced. “It is clear that my rival has an insurmountable lead over me.”

Chakwera, a former pastor and leader of the Malawi Congress Party, MCP, came to power in 2020 after defeating Mutharika in a historic re-run election. That victory followed a landmark court ruling that nullified the previous year’s disputed results, marking a rare moment of judicial independence in Africa.

This year’s election campaign was dominated by concerns over Malawi’s struggling economy. Chakwera faced sharp criticism for his handling of the country’s financial crisis, widespread corruption allegations, and unfulfilled promises on job creation.

During his term, inflation surged to 33 percent, while the prices of maize and fertilizer both critical to the rural, agriculture-dependent economy soared, deepening public frustration.

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“I know that many of you who supported my campaign for re-election will be disappointed,” Chakwera said. “But in the days that remain, I want you to know that I am committed to a peaceful transfer of power.”

The Malawi Electoral Commission is expected to announce the official results later today, but Chakwera’s concession effectively confirms Mutharika’s return to power.

Source: Channels