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Malawi’s Ex-President Withdraws From Vote, Backs Opposition
MALAWI (Capital Markets in Africa) – Former Malawian President Joyce Banda withdrew her candidacy from elections scheduled for May 21 and said she’d back opposition leader Lazarus Chakwera in the vote. It’s the second time since February that Banda, who ruled Malawi from 2012 to 2014, has pulled out of the race. Last month, she announced she wouldn’t compete in the ballot, before announcing her candidacy two days later. “Malawi is bigger than individuals,” Banda said in a joint…
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