Mauritius Global Business Update 44: Mauritius Enhances Its Status Internationally
Published 13 Dec, 2019
Kamal is continuing as a Committee Member for the African Forum in 2020.
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Kamal Hawabhay, CA (SA), TEP, F.MIoD, ADINT.Tax(TJI, USA), is the Managing Director of GWMS Ltd. He is a Chartered Accountant (South Africa), holds a Bachelor of Commerce and a post graduate diploma in advanced accountancy, taxation and audit. Kamal also holds an Advanced Diploma in International Taxation from the Thomas Jefferson Institute of San Diego, USA which was awarded to him in early 2015. He has over 16 years’ post qualification experience in the professional accounting and global business industry. He is ex-KPMG (Durban) and has held senior management position with leading offshore management companies.
Kamal was the President, for the last six years, of the Association of Management and Trust Companies (ATMC) in Mauritius, the representative apex body of the private sector global business industry. He is also a recent past executive committee member of the International Fiscal Association (Mauritius). He is a Fellow of the Mauritius Institute of Directors, a full member of the Society of Estate and Trust Practitioners of the United Kingdom, of the International Fiscal Association, past board member and member of the Mauritius Institute of Professional Accountants, the Mauritius regulatory body for professional accountants.
Global Wealth Management Solutions Ltd (“GWMS”) is a Mauritius based offshore fund administrator, registered agent, trust and Global Business financial services provider licensed by the Financial Services Commission in Mauritius. GWMS delivers the following professional services tailored to suit the needs of High Net Worth Individuals, foreign corporates and institutional investors:
Mauritius is strategically situated next to the emerging markets of Asia and Africa and accounts for over 40% FDI flows to India. GWMS has strong expertise in structuring of India inbound and outbound investments & businesses. Mauritius is fast emerging as the de facto jurisdiction to domicile Africa funds and to hold foreign direct investments bound for Africa and outbound as well. GWMS is well equipped to assist you in meeting your Africa objectives.
GWMS, through its tie up with a Berlin, Germany based financial advisory firm can now assist with corporate financial cross-border advisory for medium to large corporates including mid-market multinationals. Objectives of our clients are generally to raise capital, both debt and equity, to finance their cross border expansion, to acquire immovable property in major jurisdictions or to finance the acquisition of plant & equipment at competitive rates, among others. Typical service offerings include Merger & Acquisition, Debt & Equity Advisory & Corporate Finance.
We assist clients to leverage off their balance sheets by professionally presenting their case & negotiating with potential institutions on their behalf. Our ability to execute is driven by proximity to multiple regional and international sources of capital such as DFIs, regional banks, family offices and funds.
Ticket sizes vary from USD3mio (or less in certain limited cases) to USD100mio and more. We are sector agnostic and indicatively are active in the following segment & sectors:
Published 13 Dec, 2019
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