Speaking to the nation on Wednesday, September 24, Chakwera admitted that his challenger, Peter Mutharika, had taken a lead too wide to close.
Chakwera, who rose to power in 2020 after defeating the same opponent, said he had already reached out to Mutharika to congratulate him.
“A few minutes ago, I called Professor Mutharika to wish him well,” Chakwera revealed.
“From the numbers available, it is evident that my rival has an unshakable lead.”
The election, held on September 16, attracted global attention as Malawians went to the polls amid growing frustration over the country’s struggling economy.
During Chakwera’s five-year term, Malawi faced severe economic difficulties.
Inflation climbed to 33 percent, while the cost of maize and fertilizer—essential commodities in this agriculture-based nation—rose sharply.
These challenges became central talking points in the campaigns.
Critics accused Chakwera’s government of failing to control prices, mishandling public resources, and not delivering on job creation promises.
For many voters, the rising cost of living overshadowed other achievements of his administration.
Mutharika, a seasoned politician and former president, capitalized on these frustrations by promising reforms and a stronger approach to economic management.
His Democratic Progressive Party (DPP) managed to attract voters eager for a change in leadership.
Despite the disappointment among his supporters, Chakwera, 70, urged calm and unity. He stressed that Malawi’s stability mattered more than political rivalry.
“In the days that remain, I want you to know I am committed to a peaceful transfer of power,” he assured.
“To my supporters, I understand your pain, but the will of the people must be respected.”
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