ABAX - Adding value to global business

ABAX - Adding value to global business

ABAX Focus


  • Reputational risk management

    Much of the focus in the financial services sector nowadays is on reputational risk management. Whether reputational risk is a risk in itself (‘primary’ risk) or is an unintended outcome of other underlying risks (‘consequential’ risk) is very much a question for debate. Primary or consequential, to a great extent, the driver for reputational risk management comes from the need to protect ...

  • The board and cyber security

    The first question that may come to your mind is what is the correlation between the board and cyber security? As you are all aware, traditionally cyber security has predominantly been the domain of IT and of operational security departments geared towards the prevention of network intrusions.  On the other hand, with Corporate Governance gaining prominence since the late 1990s and early 2000s...

  • GDPR: Understanding the implications

    One of the measures announced in the Mauritian 2017-2018 Budget is the amendment of the Data Protection Act 2004 to comply with the requirements of the General Data Protection Regulations (‘GDPR’) which will come into force in May 2018. Below are some guidelines which help to better understand the implications of GDPR. What is GDPR? GDPR was issued by the European Union in April 2016, an...

  • Real estate in Dubai

    For the last years, Dubai has been a destination for high net worth individuals and top talents from around the world. High net worth individuals have been looking to set up their businesses and to have their pied-à-terre in a city considered to be one of the most luxurious in the world. On their part, top talents have been attracted by the relatively high salary packages and the good quality of ...

  • ABAX wins Private Equity Africa Fund Administrator of the Year 2017 Award

    On 1 June 2017, ABAX won the Fund Administrator of the Year 2017 Award from Private Equity Africa (PEA), a UK-based news source that focuses exclusively on Africa’s private equity industry, providing news, analysis and research. ABAX was selected amongst 7 nominees by an independent panel of leading global private equity specialists. The 2017 Awards attracted over 120 self-entries and were co...

  • Ransomware: decrypting the risks

    Ransomware: decrypting the risks The recent WannaCry ransomware attacks, which infected more than 200,000 networks across 150 countries, demonstrate the impact of cybersecurity threats and their ability to bring organisations and institutions to their knees. More than just an IT issue, the risk relating to ransomware concerns everybody. Each person is a potential weak link who can introduce ran...

  • Four risk management strategies

    Managing risks has become a critical element of every company. A solid risk management plan not only reinforces the business and operations of a company but also prepares it for as many uncertainties or adverse events as possible. A risk management plan will include the following: identify the risks that are inherent to the business and operations, rate the risk based on likelihood of occurrence a...

  • Organisational citizenship behaviours: beyond the helping hand

    Within the work environment, there is a strong emphasis on performance and quality. However, employees tend to display an array of behaviours which contribute to the success of an organisation. These behaviours are known as Organisational Citizenship Behaviours (OCB), helping colleagues to complete a task or contributing to an activity. In other words, you may think of OCB as selfless acts which a...

  • Interview of Romain Grandjean, CEO of 35° Nord

    In this edition of ABAX Focus, we meet with Romain Grandjean, CEO of 35° Nord, a strategic communication agency specialised in press relations in Africa for private companies with business interests on this continent. In Africa today, what is the importance of press relations as a means to leverage the communication of private companies compared to other forms of communication whether traditio...

  • Whither Africa: from Hopeless to Rising to …?

    In the wake of the celebration last week of Africa Day, it is appropriate to look at the status of Africa and its current economic prospects as influenced by political events. In the edition of The Economist of 11 May 2000, the Leaders section featured an article on the hopelessness of Africa with a damning front cover: The article featured many examples of problems facing Africa, as evi...