Gayton McKenzie accused of not understanding fashion industry after his meeting with Shein
Fashion designer David Tlale said he doesn’t think Gayton McKenzie understands the complexities of the clothing and textile industry.
Botswana's President Duma Boko announced on Thursday, 21 August 2025 an agreement with Qatar's Al Mansour Holdings, aimed at addressing immediate national challenges, with the Gulf firm committing to $12bn in investments in various economic sectors.
he deal signed in partnership with state-owned Botswana Development Corporation will focus on key sectors including infrastructure, energy, mining, diamond refinement, agriculture, tourism, cybersecurity, and defence, Boko said in a post on Facebook.
Botswana has long been seen as one of Africa's economic success stories. But that has been tested by a diamond market downturn, which caused gross domestic product to contract 3% last year and could trigger another contraction this year.
"This historic move will be enough to address immediate challenges facing the country," said Boko.
The Qatari delegation arrived in Botswana on Wednesday, 20 August 2025 on an investment mission to explore strategic opportunities and bolster bilateral economic ties.
Renowned for its diamond wealth, the Southern African country has been striving to diversify its economy by attracting foreign investment and strengthening its position in global markets.
Issued on Bizcommunity by Brian Benza | https://www.bizcommunity.com/article/botswana-signs-12bn-investment-deal-with-qatar-al-mansour-holdings-957364a
Fashion designer David Tlale said he doesn’t think Gayton McKenzie understands the complexities of the clothing and textile industry.
WHAT IS MINOXIDIL?
South Africa could soon see a credit rating upgrade amid significant improvements in the state’s finances—even if escaping junk status will require patience.