Introduction
Botswana is a country located in Southern Africa which neighbors with Namibia, Zambia, Zimbabwe and South Africa. The name arises from the name of the major ethnic group that is found in the region known as the Tswana. Botswana has been highlighted as one of the most stable Southern Africa countries.
Due to mining activities undertaken, diamonds have made Botswana one of the wealthiest countries in the world. The country has a democratic government and is termed as one of the least corrupted countries worldwide. It has a population of over 1.5 million people (Kubuitsile n.d).
PEST Analysis
The pest analysis highlights important areas touching on the political, economic, social and technological areas of the country.
Economy
The economy of Botswana is sustained by a variety of industries. Despite the country being half a desert, several economic activities do well and are responsible for the income generated in the country. The mining industry is a major industry that gains from mining of diamonds.
Furthermore, the textile industry brings a good deal of money. The tourism industry equally brings in foreign exchange by showcasing its never-ending culture and heritage to visitors. It is also recorded that the country suffered a budget deficit in 1999. It is noted to have maintained the highest economic growth rates world over. This implies that the country is doing well economically.
Political
The Botswana government is very stable and enjoys friendly relations with many countries around the world. The country has enjoyed political stability over the years since independence while co-existing with its neighbors. The former name of Botswana is Bechuanaland and the capital city is located in Gaborone. The country has 16 districts (Zijilma n.d).
Social
Botswana has a huge challenge of tackling HIV/AIDS which has proven to be a major headache to sustaining the human resources in the country. Despite the mining industry enjoying success, the rate of unemployment is very high and therefore the society is heavily stratified making the rich poor gap very high. It however enjoys a rich culture in music, visual arts, food and sporting. The languages spoken are Setswana and English. However, Botswana faced a huge housing problem in 2011(Denton n.d).
Technological
The energy sector in Botswana undertakes local production from coal sites. The advent of Information Technology has equally led to boosting of business operations and interactivity among the people living in Botswana. IT has been widely adopted by schools, governments and individuals at large.
Rates of Wages and Housing
Rates of wages and housing are friendly. Wages depend on the sector that one is employed. The average wages for most students living in Botswana is 6750 Rands which is indicated as the disposable salary. Housing rates vary from city to city depending on electricity, water, garbage and other utilities. Rent goes for an average of 2000 to 4000 Rands with amenities costing up to a tune of 800 Rands (Cost of Living in Botswana 2013).
Conclusion
Botswana presents itself as a well established country. The political scene has allowed Botswana to enjoy country wide peace thus making it a suitable destination for other citizens. The rates of living are equally favorable to allow low-salaried people to manage livelihoods. Botswana has numerous universities where students can enroll for a variety of degrees ranging from undergraduate to postgraduate.
References
Cost of Living in Botswana. 2013. Web.
Denton, D n.d., Botswana Country Facts. Web.
Kubuitsile,L n.d., Thoughts From Botswana. Web.
Zijilma, A n.d., Botswana Facts and Information. Web.