I left the lanyard on my large Sebenza for a while, then took it off. I was carrying it in my right front pocket, and without the lanyard it was a lot less conspicuous. I didn't need it for a grip: I just slid my thumb behind it, index finger on the exposed clip, and pulled.
Now I got the belt pouch, and put the lanyard back on. It's much easier gripping the lanyard than pulling at the tiny bit of knife sticking up at the top of the pouch.
remster135 changes the matched lanyards or fobs he ties on his pair of large and small Sebenzas pretty often. He has a series of photos posted here somewhere, using different colored beads and knots. They look good.