The first time I was privileged to meet president Mandela was during his visit to Malawi... shortly after he was released from prison. I was amazed by his humility and his great sense of leadership... Mandela's character has shaped my life.

Overall, I have formed three major organizations: the National Association of Business Women, the Young Women's Leaders Network, and the Joyce Banda Foundation. Under the foundation, we have a huge program that targets women to teach them about HIV and other diseases and to give them economic empowerment.

When I took over, the economy had almost collapsed. I told Malawians we needed to pass through difficult times. Two days ago I even cut my own salary by 30% to show we are making sacrifices.

I sat down in 1989 and I made up my mind at that point that I was going to spend the rest of my life assisting women and youth to gain social and political empowerment through business and education. I convinced myself economic empowerment of women was going to be key, especially in a country like this where most women didn't go to school.

Most African women are taught to endure abusive marriages. They say endurance means a good wife but most women endure abusive relationship because they are not empowered economically; they depend on their husbands.

What I have said to my team is that at a point such as this, with 40% adjustment in our currency, it means that Malawians are paying the price. While that is going on, they need to see, us, the commitment on our part, particularly right at the top. The political will needs to go through this with the people, side by side.

Leadership is about falling in love with the people you serve and the people falling in love with you.