The 2019 Budget, tabled by Finance Minister Tito Mboweni in Parliament on Wednesday, 21 February, was a demonstration of prudence and intent, particularly in an election year. According to Katlego Tlale, Chief Financial Officer at Letsema, Mboweni’s speech did not include any language suggestive of any expansionary expense by government for the 2019/2020 financial year. […]
Accounting graduates have only a few options to choose from after leaving university to complete their qualification. Those choices have binary pros and cons and it is this dilemma Letsema intends on fixing in the way Letsema knows best. The initiative began in the office of Letsema’s CEO, Derek Thomas. Katlego Tlale, Letsema’s Head of […]
When I attended Oxford University between 1990 and 1991, I met and got to know Adrian Enthoven very well, with our paths overlapping while I was there. When I came back to South Africa in 1991, by the end of the year, Adi introduced me to his father Dick who, with his brother, Patrick Enthoven, […]
Playing with Fire by Gordon Ramsay has been a hugely influential book for Investments in how we design ourselves to enable and add value to our portfolio companies. The book is about Ramsay, his second autobiography, which charts his rise from a chef working 16-hour, six-day weeks, to the brand and business empire we know […]
Letsema, and its constituent parts were all founded and registered at the same time in 1996. Over the last few years, Letsema Investments has expanded its portfolio to include Cirebelle, Normandien Farms and ServWorx, three companies operating in three different industries, but all connected by a common thread. Our founder and Chairman, Isaac Shongwe, talks […]
Localisation, which was expected to be a ‘game changer’ when legislatively introduced seven years ago, has made an impact on South Africa, but not to the degree it is capable of thus far. There is significant room for improvement so localisation can be fully optimised for the benefit of the South African economy and all […]
There is a debate occurring within the halls and offices of business schools around the world, including South Africa: What is our role in society? How should we be moulding the future captains of industry? Letsema’s Chairman and Founder, Isaac Shongwe, is grappling with this debate in his role as chairman of the Wits Business […]
