Malawi's Banda concedes defeat in presidential election
Malawi President Joyce Banda speaks during a press conference at the Kamuzu Palace in Lilongwe, on May 24, 2014. By (AFP/File)
Blantyre (Malawi) (AFP) - Malawian President Joyce Banda congratulated her arch-rival Peter Mutharika on Saturday after conceding defeat in the country's presidential election, following her challenge to the result.
Banda congratulated Mutharika for his "victory in a closely contested election" and said she was "leaving office a happy person," according to a statement.