"Peter Mutharika has staged a political comeback, ousting incumbent President Lazarus Chakwera in a decisive election victory in Malawi. Unlike Chakwera, Mutharika's campaign drew modest crowds but secured a commanding margin, reflecting widespread frustration over five years of economic hardship. Peter Mutharika was born July 18, 1940, in Thyolo District in southern Malawi. He is a distinguished scholar of international economic law, international law and comparative constitutional law and has taught at universities in Africa."
"Jassi said poverty rose from 50.7% to about 77% over the past five years, while inflation surged from 9.9% to more than 30% annually. The Reserve Bank of Malawi reported a year-on-year inflation rate of 28.2% in August. Jassi attributed the economic collapse to overspending and food shortages. "When a government spends more than the economy generates, foreign reserves dwindle, the kwacha weakens, import costs rise, and inflation surges. Food insecurity has worsened because production policies were inadequate, limiting agricultural productivity," he told DW."
Peter Mutharika won a decisive election victory over incumbent President Lazarus Chakwera, securing a commanding margin despite modest campaign crowds. Economic hardship and public frustration after five years underpinned the political shift. Mutharika is a seasoned legal scholar born in Thyolo District in 1940, with experience advising his late brother and serving as Malawi's president from 2014 to 2020. The 2025 campaign prioritized reforms to stabilize finances, strengthen institutions and create a legal framework for decentralization. Reported indicators showed poverty rising from about 50.7% to roughly 77% and inflation surging from 9.9% to over 30%, driven by overspending and food shortages.
Read at www.dw.com
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