ABAX - Adding value to global business

ABAX - Adding value to global business

ABAX Focus


  • Overcoming the hurdles of strategy execution

    “Strategy is a commodity, execution is an art”  ~ Peter Drucker Execution of strategy is probably the most daunting yet determinant aspect of corporate life. Indeed, without proper execution, strategy is meaningless. On the other hand, a well-executed strategy can help an organisation leapfrog to the highest levels of organisational performance, including increased profits, higher market s...

  • The effects of age and gender diversity on team effectiveness

    More and more organisations are enhancing their knowledge about diversity as a major moderator of team effectiveness. Diversity in teams is defined as the extent to which team members differ from each other in terms of cultural background, gender, age, thinking styles etc. As a result, these individual differences can affect team effectiveness either positively or negatively. In recent years, two ...

  • The board & corporate culture

    What is corporate culture?  Culture within a company can be defined as a set of shared imperatives, a unanimous agreement about what things mean and how they get done. It is a combination of values, attitudes and behaviours demonstrated towards a company’s stakeholders, including its shareholders, employees, customers, suppliers and the wider community in general. Corporate culture is be...

  • Tone at the top…

    ‘Tone at the top’ is one of the most clichéd words in compliance yet the fact remains that a company’s culture really starts at the top. It is one of the most important ingredients to build or maintain world-class ethics and compliance within a company. It is the chain link which holds the company together. Employees pay close attention to the behavior and actions of their leaders. When ...

  • Kenya ratifies double taxation treaty with the UAE

    Kenya has ratified the double taxation treaty with the United Arab Emirates. The treaty was signed between the two countries in November 2011. The reduced withholding tax rates applicable under the treaty are summarised below: Type Non-treaty rates in Kenya Kenya - United Arab Emirates tax treaty rates Dividends 10% 5% Interest 15% 10% Royalties 20% 10% Profes...

  • Private equity as a lever of economic growth in Africa

    The Europlace Conference held in Paris earlier this month has been an opportunity to remind participants of the main trends of investment flows to Africa, a theme dear to ABAX. In spite of the crisis affecting raw materials, namely oil producers, investment flows to Africa have been less impacted than what economists first thought. A recent study by audit firm EY estimates that foreign direct inve...

  • Why is alignment in an organisation crucial?

    Every organisation has a business strategy which is important for its success, its advancement and above all its survival. Aligning this business strategy from top to bottom in an organisation and across functions or departments is crucial to ensure that all employees and all functions are pulling towards the same goal. It is an alignment of the jobs, skills, competencies and team capabilities to ...

  • Interview with Craig Wilson, Principal at Convergence Partners

    In this interview we meet with Craig Wilson, Convergence Partners Principal responsible for the fund’s wireless investments and new project development across Africa. Amongst other things, he shares with us his views on ICT on the continent as the private equity fund continues to focus on investment opportunities in that sector. ...

  • Mauritius offering disaster recovery solutions for UAE businesses

    Information is the lifeblood of all businesses. The ability to rapidly and efficiently extract meaning from data is a core attribute of any successful business enterprise. And the ability to securing such a core attribute is the key to survival. The recent episodes of Ransomware attacks worldwide have shown how paralysed businesses and organisations can be once their IT system is crippled. The rap...

  • Having a family office in Mauritius

    The budget speeches for 2016 and 2017 have proposed a plethora of measures aiming at re-invigorating the Mauritius financial sector. Confronted with the need for the Mauritius financial sector to come up with a wider range of opportunities for investors, the global family office is portrayed as an attractive offering, for investors and the Mauritius jurisdiction alike. Why a family office? ...