"Malawi's President Lazarus Chakwera has conceded defeat in this month's presidential election, ahead of the Electoral Commission's announcement of the official results in the he largely poor southern African nation, battered by soaring costs and severe fuel shortages, It is only right that I concede defeat out of respect for your will as citizens and out of respect for the constitution, Chakwera, 70, said in an address."
"While the Electoral Commission was due to release the results of the vote at a briefing at 12 GMT on Wednesday , official results released so far show ex-president Peter Mutharika has gained a strong lead over Chakwera. Last week, citizens took to the polls to vote on the country's next leader, in a vote that analysts predicted would be one of the most tightly contested votes in the country in recent history between Mutharika and Chakwera, the candidates of the two biggest parties in Malawi's parliament."
Lazarus Chakwera conceded defeat in this month's Malawian presidential election ahead of the Electoral Commission's official results announcement. Preliminary and released results show ex-president Peter Mutharika holding a strong lead over Chakwera. The Electoral Commission scheduled a briefing at 12 GMT to release official results. Citizens voted last week to choose the country's next leader in what analysts predicted to be one of the most tightly contested contests in recent Malawian history between the two main party candidates. Since Chakwera's 2020 election, the country has faced economic stagnation, inflation above 20% for over three years, soaring costs, and severe fuel shortages.
Read at www.aljazeera.com
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