President Lazarus Chakwera formally conceded defeat in Malawi’s presidential election on Wednesday, less than two hours before the official results were scheduled to be announced by the Malawi Electoral Commission.

Preliminary figures indicate that former President Peter Mutharika, Chakwera’s predecessor, has secured a commanding lead in the vote held on September 16.

In a televised address to the nation, Chakwera, 70, said: “It is only right that I concede defeat out of respect for your will as citizens and out of respect for the constitution. I am fully committed to a peaceful transfer of power.”

Supporters of Mutharika, 85, celebrated at the national results centre in Lilongwe following the concession. The election marked the fourth direct contest between the two leaders, underlining a long-standing political rivalry that has dominated Malawi’s recent democratic history.

Mutharika previously won the presidency in 2014 with 36.4% of the vote and in 2019 with 38.57%, although the latter victory was annulled by Malawi’s constitutional court amid widespread irregularities, including tampered result sheets. Chakwera subsequently won the 2020 re-run with 58.57%, in an election widely praised for transparency and fairness.

Analysts had predicted a strong challenge from Mutharika, citing public dissatisfaction with economic conditions under Chakwera’s administration.

Malawi continues to face persistent national challenges, including inflation above 20% for several years, periodic food shortages linked to cyclones and droughts, and infrastructural deficits affecting roads, electricity, and water access. Limited healthcare services and under-resourced schools have further compounded social pressures.

Despite these issues, the election process was conducted largely peacefully, demonstrating the resilience of Malawi’s democratic institutions.

Observers noted that Chakwera’s early concession highlights a commitment to democratic norms and the rule of law, providing a model for orderly transitions of power in the region.

The Malawi Electoral Commission is expected to release the final, official results later on Wednesday. Chakwera’s decision to step down before the formal announcement is being widely interpreted as a gesture of respect for the electorate and a reinforcement of democratic principles.