Kizito Turned Her Passion for Beauty Into a Fortune

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Kizito Turned Her Passion for Beauty Into a Fortune

NEW VISION, Friday, December 6, 2013 23 Business term of the day SOLVENCY: In finance or business, solvency is the degree to which the current assets of an individual or entity exceed the current akasa liabilities of that individual or entity. FOR THE ENTREPRENEUR IN YOU P A TASTE OF SUCCESS How to manage an older employee Kizito turned 2 ASK THE EXPERT: How to her passion handle investment for beauty in agriclture into a fortune 2 FEEDBACK: When Sarah Kizito returned WHO IS SARAH KIZITO? Sarah Kizito attended Duhaga Girls Lessons from her studies in the UK Schoool, Hoima, for her Primary education; Tororo Girls for her in 1983 and set up a beauty secondary school education, and from Joan then London College of Fashion. salon, everyone but her She is the fifth child of seven girls Mwesigwa father thought she had lost and a boy born to Zechariah Kizito Bulwadda and Nnalongo Kasfa it. Educated people had to Kizito. She herself has two sons and a daughter. Arnold, is an economist 2 become doctors, lawyers and based in Australia who is planning to move back home; Moses Mayanja engineers. Yet she was not is an architect who moved back here recently and Charlotte, a medical fazed by the criticism. She doctor after whom Kizito named her business. took it all in her stride and Kizito is married to Godfrey Nyakana, the mayor of Kampala went ahead to establish Lady Central Division and retired boxer Up for whom she met in the USA in 1998. Charlotte, one of the most They got married a year later in grabs: 1999. She also emphasises that she successful and recognisable puts her family (her children and local brands in the fashion husband) first then the business Take comes next. industry in Uganda. Her Continued on page 26 your pick business has grown from 3 strength to strength over the The shop at Hotel Equatoria, where years. Today, Kizito is a mother, Lady Charlotte gained popularity, was given to her by her father FINANCIAL LITERACY wife and a multi-millionaire Zechariah Kizito. Sarah Kizito was recognised as the IN SCHOOLS: with multiple investments best woman enterpreneur by Uganda in Uganda and overseas. Investment Authority in 2009. What transpired is a symbol of a modern In the 1980s, Kizito handled most of during the the high profile weddings, including emancipated and empowered file Fact those of Gen. Salim Saleh Maj. Gen. Jim Muhwezi, Lt. Gen. Ivan Koreta, campaign Ugandan businesswoman, retired Maj. Gen. Mugisha Muntu and writes MICHAEL KANAABI the late Maj. Fred Rwigyema. 6.

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