Introducing … Akhile Management and Consulting

1. Adding value through practical and implementable solutions Committed to transformation A wealth of experience Introducing …Akhile Management and Consulting Confidential and For Discussion Only Leaders in the field of Municipal Finance/Governance Regional location but national operations An exciting partnership…

2. We know Municipalities are experiencing many challenges, which can be attributed to several factors – both internally and externally; some are • Political imperatives vs key business imperatives • Poor/lack of “accountability” measures • Dis-joint between Political and Management priorities • Poor monitoring of those tasked to deliver services to our people • Lack of key skills and capacity • Outdated methodologies and systems • High staff turnover • Lack of understanding of new regulations and policy environment • Non standardised systems and processes • Lack economies of scale • Demarcation issues • Lack of economic base • Major cross subsidisation across sectors • Price-elasticity of municipal tariffs – migration vs mobility • Inability to pay • Poor collections – high level of debt • Dependency on grants • Inaccurate or incomplete debtors data • Poor document management The result of the above can be measured in the lack of or poor service delivery and the audit qualifications leading to unsustainable and untenable local government

3. We have worked in Government pre and post the transformation processes and understand Government’s challenges There are no “quick-fix solutions but we have structured and managed Akhile to respond to these need in a holistic and transformational manner for the success of Government! Expectations far exceed actual capability and capacity to deliver 33% (June 2008) /45% (June 2010) of Municipalities have clean audits according to the AG There is a dis-joint between government priorities and actual delivery, which has led to distrust between the different spheres of government and redirection of resources Poor linkage between strategic intent and budgets – good intent but lack financial and organisational capability – no overall transformational mindset or capacity to deliver Politicians/Management not held accountable - systems not in place to measure outcomes/ performance Debt levels are rising and communities constantly challenge the payment of their bills as there is a perception that little or no value is received Majority of Municipalities have qualified audits – serious organisational issues - not just financial

4. Who then, is Akhile Management and Consulting (Pty) Ltd? In terms of our BEE status, we are currently rated as a Level 1 Contributor. AKHILE is a BEE Consulting Company Akhile focuses on providing sustainable practical solutions to the Public Sector Akhile focuses on developing Public Sector institutional and human resource capacity as our contribution to the development and growth of South Africa We are passionate about the Public Sector and the far reaching transformation that has taken place since 1994. Akhile distinguishes itself by adding value to its Clients Our business and philosophy is based on exceptional Client service and quality delivery of assignments Our Directors are visible and hands-on who lead the work that we do Our people have an enviable track record and experience in their fields of specialisation

5. Our current ownership structures is as follows but is under review Wellies Welgemoed Aneel Radhakrishna 33.8% 66.2% AKHILE MANAGEMENT & CONSULTING (66.2% BEE) MANAGEMENT STRUCTURE Aneel Radhakrishna (CEO) Director: Cape Town Office Wellies Welgemoed Director

6. Our services includes amongst others We have a growth strategy to increase our service offering through new partnerships

7. Even with our limited 6 years in operation (established 1 June 2006), Akhile has developed an impressionable Client base

8. So why Akhile and what is the value add? We acknowledge that we cannot do it all but we certainly do try our level best! • Appointed by National Treasury to undertake analysis and interventions (ito Chapter 13 of the MFMA) on behalf of National Treasury for Municipalities in distress – goes beyond finance • Long Term Financial, strategic and sustainability modeling • Akhile is providing/provided solutions and services to various institutions, including but not limited to Municipalities, SACN, SALGA, CoGTA, Land Affairs, Home Affairs, Provincial Administrations, etc • Akhile is an accredited training service provider to the LGSETA • Akhile has developed its own asset management solution that meets all legal and compliance requirements • Akhile has also formed strategic alliances with other institutions, to strengthen and extend it’s service offering and transformational agenda

9. Call us today Office Tel: 012 460 1945 Email: admin@akhile.co.za Bo Hadebe Cell: 082 762 7966 Email: bo@akhile.co.za Aneel Radhakrishna Cell: 082 825 1623 Email: aneel@akhile.co.za Wellies Welgemoed Cell: 082 904 8857 Email: wellies@akhile.co.za Werner Welgemoed Cell: 082 559 8875 Email: werner@akhile.co.za Our Business Is Adding Value To Your Business