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US top designer Clavon Leonard comes to Botswana

This weekend Fashion Meet BW will be hosting Clavon Leonard, a US based designer. Having graced big stages such as Vogue and New York Fashion Week Leonard will be alongside another fashion designer from Ghana as well as some designers at Culture Art Café BW runway in Molapo Crossing Mall.

A communiqué from the hosts, Flowetry Media House states that Clavon Leonard will be offering a meet and greet session with local designers, corporates, and those passionate about the field. The aim is to bridge the barrier between international fashion and local fashion.
Fashion Meet BW (FMB) aims to connect BW designers, fashion extraordinaire and the like with well renowned international designers. The idea is to break down border barriers and connect local designers with international brands that can connect them with markets outside their homeland.

The Fashion Meet BW event will begin as a Bi- Monthly affair and will provide a fashion show opportunity for the local designers to showcase on the same Platform as International Headlining designers mixed with networking sessions that will initiate lucrative relations between the Botswana designers and international designers. This is a new opportunity to get intimate with the international market of Fashion.  FMB is proud to launch on August 4th with Clavon Leonard, A New York based designer and label, who is most noted for his menswear.

Leonard finds his inspiration by fusing his cultural and moral experiences. Offering luxury garments and high-end leather accessories, he creates timeless pieces that unite classic style and trending movements in the hope of leaving a legacy of innovation and iconicism in fashion.  The Clavon brand has graced the likes of New York Fashion week and Vogue magazine with his designs and has tremendous international appeal.

At the age of twelve, Leonard had a dream of seeing people walk down the runway in his clothing. He did not fully comprehend the dream then, but saw the affinity for clothing and being well dressed grow as he watched his father. Appearance was important and his father’s care for style instilled in him his own passion to express himself through clothing. The freedom he found in fashion became limited as high school required uniforms. With that restriction, then came a greater awareness of his skin color. The experiences of high school pushed him to experiment with fabrics, colors, and patterns so his skin was not the only thing standing out. 

At age 51, Leonard Clavon is finally living the dream he had as a young boy, a testament that it is never too late to pursue what you love. From his first NYFW show with the Set NY in 2014, doors began to open.  In 2015, he showcased at Mercedes Benz New Zealand, Fashion Gallery NYFW, Fashion Week Los Angeles, to his stand alone show for NYFW in 2017.

His designs have been featured in publications such as British Vogue, Tatler, and British GQ. He has dressed and styled Carla Hall of ABC’s “The Chew”, pop music’s Frankie Zulferino, and NFL star Jonathan Casillas. In three years, business has surpassed what Clavon imagined he appreciates his entire team who have dedicated themselves to push this brand.

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China’s GDP expands 3% in 2022 despite various pressures

2nd February 2023
China’s Gross Domestic Product (GDP) expanded by 3% year-on-year to 121.02 trillion yuan ($17.93 trillion) in 2022 despite being mired in various growth pressures, according to data from the National Bureau Statistics.

The annual growth rate beat a median economist forecast of 2.8% as polled by Reuters. The country’s fourth-quarter GDP growth of 2.9% also surpassed expectations for a 1.8% increase.

In 2022, the Chinese economy encountered more difficulties and challenges than was expected amid a complex domestic and international situation. However, NBS said economic growth stabilized after various measures were taken to shore up growth.

Industrial output rose 3.6% in 2022 over the previous year, while retail sales slightly shrank by 0.2% data show that fixed-asset investment increased 5.1% over 2021, with a 9.1% hike in manufacturing investment but a 10% fall in property investment.

China created 12.06 million new jobs in urban regions throughout the year, surpassing its annual target of 11 million, and officials have stressed the importance of continuing an employment-first policy in 2023.

Meanwhile, China tourism market is a step closer to robust recovery. Tourism operators are in high spirits because the market saw a good chance of a robust recovery during the Spring Festival holiday amid relaxed COVID-19 travel policies.

On January 27, the last day of the seven-day break, the Ministry of Culture and Tourism published an encouraging performance report of the tourism market. It said that domestic destinations and attractions received 308 million visits, up 23.1% year-on-year. The number is roughly 88.6% of that in 2019, they year before the pandemic hit.

According to the report, tourism-related revenue generated during the seven-day period was about 375.8 billion yuan ($55.41 billion), a year-on-year rise of 30%. The revenue was about 73% of that in 2019, the Ministry said.

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Jewellery manufacturing plant to create over 100 jobs

30th January 2023

The state of the art jewellery manufacturing plant that has been set up by international diamond and cutting company, KGK Diamonds Botswana will create over 100 jobs, of which 89 percent will be localized.

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Investors inject capital into Tsodilo Resources Company

25th January 2023

Local diamond and metal exploration company Tsodilo Resources Limited has negotiated a non-brokered private placement of 2,200, 914 units of the company at a price per unit of 0.20 US Dollars, which will provide gross proceeds to the company in the amount of C$440, 188. 20.

According to a statement from the group, proceeds from the private placement will be used for the betterment of the Xaudum iron formation project in Botswana and general corporate purposes.

The statement says every unit of the company will consist of a common share in the capital of the company and one Common Share purchase warrant of the company.

Each warrant will enable a holder to make a single purchase for the period of 24 months at an amount of $0.20. As per regularity requirements, the group indicates that the common shares and warrants will be subject to a four month plus a day hold period from date of closure.

Tsodilo is exempt from the formal valuation and minority shareholder approval requirements. This is for the reason that the fair market value of the private placement, insofar as it involves the director, is not more than 25% of the company’s market capitalization.

Tsodilo Resources Limited is an international diamond and metals exploration company engaged in the search for economic diamond and metal deposits at its Bosoto Limited and Gcwihaba Resources projects in Botswana.  The company has a 100% stake in Bosoto which holds the BK16 kimberlite project in the Orapa Kimberlite Field (OKF) in Botswana.

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