Pestle Kenya
Pestle Kenya
Political
Economic
Kenya is the largest and most progressive economy in Central and East Africa
which makes it an attractive place for doing business
The GDP growth rate is roughly 5.5%, which indicates good growth in the
economy
The exchange rate has been fairly stable, despite a surge in 2015. This makes
investment secure for the long term
The GDP per capita is roughly 1400 USD, which is one of the highest in Africa.
This shows the purchasing power of the Kenyan people, and is an important
statistic to ensure affordability and success of a new product
The agricultural sector is improving, and the government is taking measures
to improve the small and medium scale enterprises in the country
Social
Kenya has roughly 45 million people, with 73% of them being below the age
of 30
Kenya suffers from widespread poverty; about 53% of the population lives
below the poverty line
Literacy in Kenya is much higher than most other African countries. About
87% of the adult population is literate, although there is still a lot of scope for
improvement
The sex ratio is roughly 99.94 males to 100 females. This is an important
figure for marketers as it means that they must focus equally on both men
and women.
Health care has been continuously improving in Kenya, with the government
putting special efforts to develop clinics and hospitals all over the country,
with many treatments provided free of cost
English and Swahili are the main languages of Kenya, along with over 40
tribal languages
Technological
Environmental
Legal
Kenya has a common law, similar to British law, although there are systems
of Arabic and tribal law to settle disputes within specific groups
Kenyans are not provided free legal aid by the government, which leads to
several people being jailed merely for lack of money
Corruption is a major issue in Kenya and the legal system needs an overhaul
on an urgent basis
Kenyas press doesnt have freedom of speech, and is highly limited in its
operations. The legal framework is majorly responsible for this
Overall, the legal framework of Kenya is weak, irresponsible and inadequate,
and poses a challenge for new businesses to enter
After analyzing each component of the PESTLE framework, we feel that Kenya is a
great market for Patanjali to enter due to its promising and fast growing economy,
increasing middle class and sufficient technological infrastructure. The fairly high
GDP growth rate is also a positive sign for new businesses to enter into the
consumer retail space. However, every country has its own issues, and Kenyas poor
environmental practices, rampant corruption and inadequate legal framework.