{"id":35234,"date":"2022-12-04T11:00:01","date_gmt":"2022-12-04T11:00:01","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/shilimela-to-retire-from-business"},"modified":"2022-12-04T11:00:01","modified_gmt":"2022-12-04T11:00:01","slug":"shilimela-to-retire-from-business","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/shilimela-to-retire-from-business","title":{"rendered":"Shilimela to retire from business"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>NORTHERN business mogul Banda Shilimela has announced that he will be retiring from business.<\/p>\n

The 51-year-old from the Ekamba village near Oshigambo in the Oshikoto Region, becomes one of the very rare cases of a businessman retiring from business in the country.<\/p>\n

He entered the business world 22 years ago.<\/p>\n

His retirement comes into effect on the 31st of December.<\/p>\n

He will become an ordinary citizen doing voluntary work.<\/p>\n

\u201cI am leaving business and I am becoming a full time volunteer mentoring upcoming business people to achieve success in their business,\u201d he said.<\/p>\n

He added that, through his business, he managed to establish himself well and is now saying \u201cgoodbye\u201d.<\/p>\n

Shilimela has so far managed to establish 70 companies across Africa, Asia, America and the rest of the globe and employed more than 4 000 people.<\/p>\n

His business ventures range from various sectors such as security, manufacturing, entertainment, aviation, property, tourism, brewery, e-commerce, courier, car rental, tow-in, medical, ambulances and many more.<\/p>\n

He added that his going to give away his wealth to needy people across the country.<\/p>\n

He also plans to transfer his wealth to the employees and serve as advice when the need arises.<\/p>\n

Shilimela noted that he managed to groom people that are capable to manage the Empire he has established over years.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. NORTHERN business mogul Banda Shilimela has announced that he will be retiring from business. The 51-year-old from the Ekamba village near Oshigambo in the Oshikoto Region, becomes one of the very rare cases of a businessman retiring from business in the country. He entered the business world 22 years ago. His retirement […]<\/p>\n","protected":false},"author":84,"featured_media":35233,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[234,236,233],"class_list":["post-35234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nShilimela to retire from business - Namibia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/shilimela-to-retire-from-business\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shilimela to retire from business\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Namibia. 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