083 212 9021 info@tembeka.co.za Spaces Waterfall, Gateway West, Midrand
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Board-level governance and leadership advisory

Trusted governance and leadership advisory for complex organisations.

We work with boards, trustees, audit and risk committees and executive teams in complex, regulated organisations — helping them make decisions that are financially sound, risk-aware and well governed, and then helping them deliver on those decisions.

  • Boards
  • Governance
  • Finance
  • Risk
  • Turnaround
Nozibele Tshobeni, Founder and Managing Director of Tembeka Advisory, seated at a boardroom table.
  • 15+

    Years of senior leadership

  • 100%

    Black woman-owned and led

  • CEO & CFO

    Executive offices held

  • CA(SA)

    Founder-led, board-level

Clarity for the decisions that shape organisations and communities.

Most advisory work ends at the recommendation. Ours is written to be carried out. Tembeka Advisory brings together technical depth in governance, finance and risk with the judgement of someone who has held executive office, chaired a board of trustees, sat on audit committees and been accountable for what followed.

That combination shapes how we work. We diagnose honestly, quantify what can be quantified, and stay close enough to implementation to see a decision through to the point where it holds. Where the answer is uncomfortable, we say so early — it is cheaper for the organisation and more useful to the board.

How we work

01Capabilities

Five practices, with governance at the centre.

Governance sits at the core, supported by the financial, risk and strategic depth that boards and trustees need to oversee complex organisations with confidence.

Board, Trustee & Audit Committee Advisory

Independent, practitioner-led support for boards, trustee boards and their committees — from someone who chairs and sits on them.

  • Board effectiveness reviews and evaluations
  • Governance reviews and framework design
  • Committee design, charters and mandates
  • Board succession planning and trustee search
  • Audit committee effectiveness and risk governance reviews
  • Combined assurance and internal controls reviews

What it changes: a board that is properly constituted, properly informed, and able to exercise oversight with confidence.

This practice in detail

Financial & Risk Advisory

Finance functions that report accurately, forecast credibly and hold up under audit and regulatory scrutiny — supported by a risk framework a board can actually use.

  • Fractional and interim CFO and CRO placements
  • Finance strategy and target operating model design
  • Planning, budgeting, forecasting and reporting
  • Funding strategy and capital-raising advisory
  • Enterprise risk management framework design
  • Internal audit and control-effectiveness reviews

What it changes: decision-grade financial information, fewer audit surprises, and a risk picture that reaches the board intact.

This practice in detail

Healthcare & Medical Scheme Advisory

Specialist advisory to one of South Africa’s most closely regulated sectors, drawn from having led a medical scheme as both chief financial officer and chief executive.

  • Solvency and financial recovery
  • Regulatory readiness and CMS engagement
  • Mergers, amalgamations and integration
  • Fractional or interim Principal Officer and CFO
  • Administrator and managed-care oversight
  • NHI scenario planning and funding-model stress testing

What it changes: a scheme whose solvency, regulatory standing and governance are addressed together rather than in sequence.

This practice in detail

Strategy, Turnaround & Growth

Strategy that survives contact with operating reality — and, where an organisation is under financial strain, the stabilisation work that has to come first.

  • Strategy development, facilitation and prioritisation
  • Business turnaround and financial stabilisation
  • Cost optimisation and rescue finance sourcing
  • Growth and expansion planning
  • Merger and acquisition readiness and integration
  • KPI design and performance management

What it changes: a defensible plan, a stabilised financial position, and measures that show whether the plan is working.

This practice in detail

Foundations, Trusts & Philanthropy Governance

Governance and fiduciary support for corporate foundations, community development trusts and grant-making funds, grounded in our founder’s experience chairing a donor-funded community trust.

  • Independent trustee services and appointments
  • Foundation and trust governance frameworks
  • Fund oversight and disbursement governance
  • Trust and grant fund administration
  • Trust deed, PBO and section 18A compliance monitoring
  • Monitoring, evaluation and impact reporting

What it changes: funds administered to the letter of the deed, with reporting that satisfies regulators and funders alike.

This practice in detail

02Ways of working

Three ways to bring us in.

The right engagement depends on what is missing: a person in the seat, a defined piece of work, or independent oversight.

Does the board itself need independent capability around the table?

Board & Fiduciary Roles

Independent chair, non-executive director, trustee and audit and risk committee appointments — bringing executive-tested judgement into the boardroom.

Is the seat empty, or is the incumbent stretched beyond capacity?

Embedded Leadership

Fractional or interim CEO and Principal Officer, CFO or CRO — carrying real accountability inside the organisation, not just advice from outside.

Is there a defined decision, transaction or recovery to deliver?

Advisory Engagements

Defined, project-based work across governance, strategy, risk, turnaround and funding — delivered alongside your team and built for implementation.

Discuss the right engagement

A scheme executive in formal dress, photographed against a plain wall.

03Specialist focus — healthcare and medical schemes

Specialist depth where regulation, finance and member outcomes meet.

Drawing on direct executive experience as both Chief Financial Officer and Principal Executive Officer of a major medical scheme, we advise one of South Africa’s most closely regulated sectors — from someone who has led a scheme from the inside, not only advised it from the outside.

  • Solvency and financial recovery
  • Regulatory readiness and CMS engagement
  • Mergers, amalgamations and integration
  • Board and trustee effectiveness
  • Fractional or interim Principal Officer
  • Fractional or interim CFO
  • Administrator and managed-care oversight
  • IT, cybersecurity and data protection
  • NHI scenario planning
  • Funding-model stress testing

The healthcare practice in detail

The glazed atrium of a commercial building, seen from below.

04Leadership

Executive experience. Board-level judgement.

Nozibele Tshobeni

Founder and Managing Director

A Chartered Accountant who has led a major medical scheme as its chief executive, run its finance function as chief financial officer, and today chairs and serves on boards and committees in the public and non-profit sectors.

  • DesignationChartered Accountant, CA(SA)
  • PostgraduateMPhil in Corporate Strategy, Gordon Institute of Business Science, University of Pretoria
  • ExecutivePrincipal Executive Officer and Chief Financial Officer, Sizwe Hosmed Medical Scheme
  • FiduciaryIndependent Chairperson, Board of Trustees, Dikuno Tša Sechaba Community Development Trust
  • MembershipsSAICA · IoDSA · IIA SA · IRMSA · TMA Southern Africa

Full leadership profile

05Why Tembeka

Why clients choose us.

We have sat on every side of the table

Executive, board chair, trustee and audit committee member — our advice reflects what boards and management each need, because we have been accountable as both.

Integrated advisory across disciplines

Joined-up thinking across governance, finance, risk and strategy, recognising that complex challenges do not exist in isolation.

Practical, implementation-focused delivery

We go beyond analysis and recommendations. Strategies are implementable and results are measurable.

Values-led and purpose-driven

Trust is foundational to our work. We operate with integrity, consistency and transparency — advice that is credible, defensible and aligned with a client’s long-term interests.

06Our approach

A method that ends in implementation, not a document.

  1. Listen & Diagnose

    Understand the organisation, its constraints and what the board already suspects but cannot yet evidence.

  2. Analyse & Align

    Test the numbers, the controls and the governance, then align management and the board on a shared view of the position.

  3. Decide & Design

    Set out the options with their financial and regulatory consequences, and design the chosen route in enough detail to act on.

  4. Implement & Strengthen

    Deliver the work, build the controls and capability that keep it in place, and hand over cleanly.

  5. Measure & Sustain

    Put measures in place that tell the board whether the change is holding, and report against them honestly.

Start here

For decisions that demand clarity, accountability and lasting value.