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  • About
    • Overview
      • Philosophy & Values
      • Founding Principles
    • Origin Story
      • Timeline
      • The Venda Drum
    • People
      • Leadership
      • Executive
      • Consulting Partners
      • Letsema
    • Contact
      • Contact Us
      • Directions
    • Foundation
      • Overview
      • Leadership Development
      • High Impact Programmes
  • Consulting
    • STRATEGY & INNOVATION
      • Strategy, Organisational Design & Innovation
      • Quantitative modelling and research
      • Operational Excellence
      • Tourism Services
    • TECHNOLOGY & CHANGE
      • Technology Implementation
      • Customer Experience
      • Technology Strategy
      • Change and Culture Transformation
    • VENTURES & IMPACT ADVISORY
      • SME and ESD Services
      • Economic Development and Transformation
    • PUBLIC SECTOR & EDUCATION
      • Strategy-to-Impact Alignment
      • Leadership, Culture and Organisational Agility
      • Financial Resilience
      • Institutional Excellence & Service Centricity
      • Digital Transformation & Innovation
      • Capital Projects, PPPs & Sustainable Infrastructure
    • FINANCIAL SERVICES
      • Strategy & Innovation
      • Workforce & Sustainability
      • Digital & Operational Excellence
      • Research & Analytics
      • Risk & Regulatory
    • PROCUREMENT & SUPPLY CHAIN
      • Procurement & SCM Advisory
      • Procurement & SCM Technologies
  • Insights
  • Investments
    • Overview
      • Partnership Philosophy
      • Investment Framework
      • Centres of Excellence
    • Marlyn Consolidated
      • Marlyn Vulindlela
      • Marlyn Chemicals
    • ServWorx
      • Industrial Garment Rental
      • Laundry Services & Management
      • Specialist Workwear
    • Normandien Farms
      • Tekwani Mills
      • Thirsti Water
    • Transnova
      • Transport Management Systems
      • Logistics Strategy Development
      • Automated RFP & Fleet Configuration
    • THE LETSURE GROUP
      • Corporate, Commercial, Specialised and Personal Insurance
      • Technology Driven
      • Scale Efficiencies
    • Kaelo Energy
  • Careers

ORIGIN STORY

Letsema’s history can be broken down in distinct periods, with each leg of our business undergoing significant change during these times. Our history has shaped what Letsema is today

'96 – '99

An ambitious startup not afraid to experiment and learn

Isaac Shongwe founds Letsema

First client and offices

Hollard Foundation is first client and first offices in Hollard building basement on 52 Main Street in Johannesburg CBD

Future CEO joins

Derek Thomas joins Letsema

International partnership

Partners with Mercer Consulting. Helps to launch their South African operations

Making a difference begins

Letsema founds leadership discussion platform, Braintrust

Exploring new opportunities

Exits partnership with Mercer Consulting and explores partnership with Deloitte

Practicing what we preach

Letsema launches DNA Supply Chain Investments with Tourvest, applying consulting skills into own investments

A new investment vehicle

Letsema partners with trade union CEPPWAWU to form CEPPWAWU Investments (CI).

'00 - '04

Resilient in pivoting towards new market dynamics

CI completes first transaction with Aspen Pharmacare

One door closes, another opens

DNA Supply Chain Investments acquired by Super Group due to being ahead of market evolution

ALI is born

Letsema partners with Aspen Institute to establish the Africa Leadership Initiative (ALI). First class commences

Catalysing future entrepreneurs

Letsema incubates entrepreneurship NGO, Endeavour

'05 - '12

Creating the foundation for future success

Letsema buys 25% stake in Barloworld’s logistics business, leading to creation of Barloworld Logistics Africa. Isaac Shongwe joins as Executive Director

A maturing investments vehicle

CI completes transactions with Nampak, Transpaco and further transaction with Aspen Pharmacare

Advising the public sector

Letsema partners with McKinsey to advise SOEs and other public sector clients

An African, chemistry-led acquisition

Letsema acquires controlling stake in former Sasol subsidiary, Cirebelle

From Logistics Africa to Barloworld Logistics

Isaac Shongwe named CEO of Barloworld Logistics division

Boardroom changes

Isaac Shongwe joins Barloworld executive committee as director

Independence established

Letsema exits partnership with McKinsey

New leaders for tomorrow

Young ALI programme launched following ALI success

'13 - '17

Institutional growth for the long term

Letsema exits Barloworld Logistics Africa (BLA). Isaac Shongwe becomes non-executive director at Barloworld

New, long-term partnerships

Acquires significant minority stake in sawmilling business, Normandien Farms. Majority stake acquisition in industrial workwear company, ServWorx

'18 -

One Letsema with a united purpose

Letsema begins to incubate Apolitical Academy

A holistic training programme

Letsema becomes SAICA-accredited training office

Reuniting with trusted partners

Letsema acquires a majority stake in independent logistics & supply chain advisory, technology and managed services firm, Transnova

THE VENDA DRUM

Any visitor to Letsema’s offices will notice The Drum overlooking the threshold. Resonating with a deep, unique sound, it is a reminder that splendour can come in many forms and from many places. The story of The Drum attests to this.

Phenius Masuvhelele’s childhood was animated by a Mavhambangoma tree not far from his home. As the tree grew, so did his connection to it.

One night, a powerful storm came to Phenius’s village and the tree, which had come to represent a part of him, was struck by lightning and cleaved into two. Phenius approached the village Chief for permission to use the tree’s remains to make a carving, a permission he was granted.

For the next 14 months, Phenius shaped the enormous drum from a single piece of wood. His inspiration and dedication to the project reflects Letsema’s values and principles; creating enduring ideas, courage, excellence and being an agent of positive change.

Inspired by this story, Letsema made The Drum the subject of a design study, exploring how its striking visual form could be a medium through which to tell Letsema’s own story.

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The Drum
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  • Consulting
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  • Foundation
  • Careers
  • Contact
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Copyright 2021 Letsema. All rights reserved
  • About
    • Overview
      • Philosophy & Values
      • Founding Principles
    • Origin Story
      • Timeline
      • The Venda Drum
    • People
      • Leadership
      • Executive
      • Consulting Partners
      • Letsema
    • Contact
      • Contact Us
      • Directions
    • Foundation
      • Overview
      • Leadership Development
      • High Impact Programmes
  • Consulting
    • STRATEGY & INNOVATION
      • Strategy, Organisational Design & Innovation
      • Quantitative modelling and research
      • Operational Excellence
      • Tourism Services
    • TECHNOLOGY & CHANGE
      • Technology Implementation
      • Customer Experience
      • Technology Strategy
      • Change and Culture Transformation
    • VENTURES & IMPACT ADVISORY
      • SME and ESD Services
      • Economic Development and Transformation
    • PUBLIC SECTOR & EDUCATION
      • Strategy-to-Impact Alignment
      • Leadership, Culture and Organisational Agility
      • Financial Resilience
      • Institutional Excellence & Service Centricity
      • Digital Transformation & Innovation
      • Capital Projects, PPPs & Sustainable Infrastructure
    • FINANCIAL SERVICES
      • Strategy & Innovation
      • Workforce & Sustainability
      • Digital & Operational Excellence
      • Research & Analytics
      • Risk & Regulatory
    • PROCUREMENT & SUPPLY CHAIN
      • Procurement & SCM Advisory
      • Procurement & SCM Technologies
  • Insights
  • Investments
    • Overview
      • Partnership Philosophy
      • Investment Framework
      • Centres of Excellence
    • Marlyn Consolidated
      • Marlyn Vulindlela
      • Marlyn Chemicals
    • ServWorx
      • Industrial Garment Rental
      • Laundry Services & Management
      • Specialist Workwear
    • Normandien Farms
      • Tekwani Mills
      • Thirsti Water
    • Transnova
      • Transport Management Systems
      • Logistics Strategy Development
      • Automated RFP & Fleet Configuration
    • THE LETSURE GROUP
      • Corporate, Commercial, Specialised and Personal Insurance
      • Technology Driven
      • Scale Efficiencies
    • Kaelo Energy
  • Careers
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