'It is only right I concede,' Chakwera sayspublished at 11:40 BST 24 September
In his speech, Chakwera recognised the provisional votes, which showed his rival Peter Mutharika had taken a strong lead.
“I know that for the majority of you who voted, this outcome is a reflection of your collective will to have a change of government and so it is only right for you to concede defeat out of respect for your will as citizens," he told Malawians.