ABAX - Adding value to global business

ABAX - Adding value to global business

ABAX Focus


  • For an optimal and equitable development of « green » finance*

    Richard Arlove, the CEO of ABAX, an international provider of advisory, corporate and business services headquartered in Mauritius, underlines the need to promote sustainable relay mechanisms to structure and direct investments in green finance. From the COP23 to the One Planet Summit held in Paris last year, green finance was at the forefront of the international agenda as 2017 drew to a clos...

  • Enhancing shareholder value through good corporate governance

    When we think of corporate governance, we do not often associate it with enhanced shareholder value. Yet, it is one of the major levers that successful companies utilise to realise exactly that aim. Traditionally, corporate governance was seen as a painful compliance task that was relegated to the company secretary. Today, we see corporate governance as a way to enhance economic growth, entrepr...

  • The aftermath of VAT implementation in the UAE

    The United Arab Emirates and Saudi Arabia have implemented Value Added Tax (VAT) on 1st January 2018. The rest of the Gulf Cooperation Council (GCC) countries, namely Kuwait, Bahrain and Oman to the exception of Qatar, have committed to implement VAT by latest end of 2019. The standard rate of VAT under the Federal Decree-Law No. (8) of 2017 on Value Added Tax is set at 5%. The new legislation ...

  • General Data Protection Regulation – Are we ready? (Part 1)

    The article below is the first part of a more extensive paper on the General Data Protection Regulation of the European Union (EU) which is due for implementation by 25 May this year. It introduces the Regulation, clarifies its scope, and highlights the changes brought about relative to the 1995 EU directive formerly in place. Part 2 of the article will be published in our February 2018 edition an...

  • ABAX CSR Committee celebrates Christmas with the children of ‘Quartier de Lumière’

    On 13 December 2017, the members of ABAX CSR committee were at ‘La Ruche’ in La Valette, Bambous, to celebrate Christmas with the children of ‘Quartier de Lumière’. The latter, an NGO with the objective to assist in the education and training of needy children, has been benefiting from the support of ABAX for several years. La Ruche, the NGO’s focal point in La Valette on the western pa...

  • Is this a new era for Zimbabwe?

    This interview of Thomas Chataika, Founder and Managing Director of Zimbabwe-based INVESCI, was conducted shortly after Emmerson Mnangagwa was sworn in as Zimbabwe’s new President last week. He answers our questions on the current business sentiment in the country and on what we can expect to see happening in the short term running to general elections next year. Emmerson Mnangagwa was swor...

  • The information security aspects of the Paradise Papers

    The media has recently given much attention to the Paradise Papers, focusing mainly on the ethical aspects of offshore corporate structures and allegations of tax evasion. However, the Paradise Papers have also put into limelight the increasing risks in the information security landscape, especially in terms of hacking. Indeed, it has been reported that the information used for the Paradise Papers...

  • Operational excellence using information systems

    Operational Excellence (OE) is one of the management buzzwords in the current era. The term refers to an overall management philosophy, whereby the leadership continually strives to maintain high standards of efficiency, coordination, communication and optimisation of an organisation. Enterprise information systems provide value both by increasing operational efficiency and by providing firm-wi...

  • Organisational values: walk the talk

    Previous research has demonstrated that successful organisations have devoted a lot of time in establishing strong vision and core value statements (Ott, 1989). As compared to an organisation’s vision, core values are not set for a specific time period. They are rather set to forge a sense of identity above and beyond financial and business growth so as to motivate and inspire employees througho...

  • The board and social media

    The increasing influence of social media   Traditionally social media (LinkedIn, Facebook, Twitter, Viber, WhatsApp, etc.) for most of us used to be the realm of our private lives.  However, as the number of social media users worldwide rises exponentially, boards are becoming increasingly aware of the power of social media and its potential to influence corporate agendas at the speed of ligh...