Benedicta Philemon is a Data Analyst at Rwazi leveraging market intelligence and technology to uncover actionable insights to drive impactful, informed decisions for global business leaders.
Last month, U.S. retail sales rose by 1.4 percent, with a 4.2 percent increase year-over-year. At first glance, these numbers might signal strong consumer confidence. But a closer look reveals a more urgent and complex story, one driven by anxiety rather than optimism. Consumers are not spending
Unpacking the financial, strategic, and market implications of training large-scale AI models In recent years, the cost of training large-scale AI models has surged, signaling a dramatic shift in the AI landscape. Google's Gemini 1.0 Ultra model cost $192 million to develop, reflecting the increasing financial barriers
In the corridors of global pharma strategy meetings, one country’s name keeps surfacing: India. And with good reason. By the end of 2025, India’s pharmaceutical industry is expected to reach $65 billion, up from $32 billion just five years ago. This is not a routine growth trajectory. It
Vietnam, once celebrated as a rising manufacturing powerhouse in the wake of U.S.-China trade tensions, now faces mounting uncertainty. At the heart of the issue is a proposed 46% U.S. tariff on Vietnamese exports part of a broader push to address perceived trade imbalances and crack down
The U.S. has long allowed packages valued under $800 to enter the country free of tariffs through the de minimis exemption which was a critical advantage for platforms such as Shein and Temu. This exemption facilitated a wave of ultra-affordable imports, reshaping how American consumers engage with fashion. With
Business
India is quietly rewriting the economics of ride-hailing, and the rest of the world should be paying attention. While platforms like Uber and Lyft have traditionally relied on commission-based models, where drivers give up a percentage of each fare, the dynamics in India are forcing a rethink. In response to
In Argentina, the electric vehicle (EV) market is undergoing a quiet transformation with far-reaching implications. A recent government decision to slash import tariffs on electric and hybrid vehicles has not only opened the gates for foreign competition, it has revealed a deeper, more strategic shift in consumer behavior and global
Recent growth in China's artificial intelligence (AI) sector demonstrates a notable resilience and adaptability in response to international restrictions on advanced AI chips. Despite facing limitations on access to high-end semiconductors, Chinese companies have accelerated domestic innovation and diversified their strategies to sustain AI development. In the first
Over the past year, global markets have been walking a tight rope. Inflationary pressures, tightening monetary policy, and persistent geopolitical instability from the war in Ukraine to fragile supply chains have created an uneasy investment climate. This already fragile environment was further destabilized by the latest round of U.S.
Retailers are increasingly focusing on expanding their private label offerings as inflation influences consumer spending patterns. Nearly 60% of retailers are enhancing products for private labels, transforming what was once considered a budget option into a strategic business initiative. This shift not only helps in reducing costs but also fosters
As the U.S. government pushes forward with legislation that could lead to a nationwide ban of TikTok unless its Chinese parent company, ByteDance, sells off the platform, the global business community is watching one of the most important business deals of the decade unfold right now. With TikTok’s
The retail analytics market is projected to explode from $7.56 billion in 2023 to a staggering $31.08 billion by 2032. This isn’t just a trend—it’s a strategic transformation. Retailers across the globe are trading guesswork for foresight, using predictive analytics to steer smarter, faster, and