Shilimela forks out N$2m a month on helicopters
Shilimela forks out N$2m a month on helicopters

Shilimela forks out N$2m a month on helicopters

Ileni Nandjato
ILENI NANDJATO

OSHIGAMBO



A northern businessman says there's nothing fancy to owning a helicopter, apart from forking out large amounts of money every month.

On average, it costs Banda Shilimela, one of the most successful business personalities in Namibia, N$2 million every month to maintain the four helicopters he owns. To reduce costs, he has created a parking facility for the aircraft at his Oshigambo village homestead in the Oshikoto Region.



Go high

Shilimela heads a group of 39 companies that operate in five countries.





“I am a successful businessman and the only one from northern Namibia operating in the aviation sector.

“For one to be successful, you have to work with experts, because the aviation is a new industry for blacks. This is not because I am underestimating myself, only that ever since, I want to go high,” he said.

The businessman, who owns four helicopters - three in Namibia and one in the Democratic Republic of Congo, said his aircraft are mostly used for security services.

“But [they] can also be hired for other services, especially in the farming sector,” he added.



Big bucks

Shilimela said to own a helicopter, one must have money, because they are costly.

“Aviation is not a business for everyone because the costs involved are very high. On average, I spend N$500 000 on each helicopter per month. That is for landing, pilots, fuel and other maintenance,” he said.

“When I bought my first helicopter some years ago, I used to park it at my building at Oniipa, but this was not in line with the aviation regulations and we moved it to the airport.

“The civil aviation regulations are tough and many will not survive because one has to adhere to them, and it means one has to spend money.”



Private airstrip

According to the Namibia Civil Aviation Authority (NCAA), private airstrips can be established anywhere and do not require approval. However, they need to be registered.

The NCAA added there are over 300 private airstrips in the Oshana, Oshikoto, Omusati and Ohangwena regions.

Shilimela said to use public airports, one has to pay a lot of money to land, park and take off, adding that establishing a private airstrip requires one to work with industry experts.

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Namibian Sun 2024-05-01

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 319.56/OZ DOWN -0.0058 | Copper US$ 4.53/lb DOWN -0.0218 | Zinc US$ 2 877.00/T DOWN -0.16% | Brent Crude Oil US$ 84.26/BBP DOWN -0.0435 | Platinum US$ 951.92/OZ UP +0.27% Sport results: Premier League: Nottingham Forest 0 vs 2 Manchester City | Bournemouth 3 vs 0 Brighton | Tottenham Hotspur 2 vs 3 Arsenal LaLiga: Barcelona 4 vs 2 Valencia | Real Betis 1 vs 1 Sevilla | Villarreal 3 vs 0 Rayo Vallecano | Granada 3 vs 0 Osasuna | Cadiz 1 vs 1 Mallorca SerieA: Genoa 3 vs 0 Cagliari | Fiorentina 5 vs 1 Sassuolo | Napoli 2 vs 2 AS Roma | Atalanta 2 vs 0 Empoli | Bologna 1 vs 1 Udinese | Inter Milan 2 vs 0 Torino European Championships Qualifying: Coventry City 1 vs 2 Ipswich Town | Preston North End 0 vs 3 Leicester City English Championship: Coventry City 1 vs 2 Ipswich Town | Preston North End 0 vs 3 Leicester City Weather: Katima Mulilo: 13° | 33° Rundu: 13° | 32° Eenhana: 14° | 33° Oshakati: 15° | 32° Ruacana: 14° | 33° Tsumeb: 16° | 31° Otjiwarongo: 14° | 29° Omaruru: 15° | 32° Windhoek: 15° | 28° Gobabis: 16° | 29° Henties Bay: 17° | 33° Wind speed: 19km/h, Wind direction: S, Low tide: 02:38, High tide: 08:56, Low Tide: 15:10, High tide: 21:55 Swakopmund: 17° | 23° Wind speed: 19km/h, Wind direction: SW, Low tide: 02:36, High tide: 08:54, Low Tide: 15:08, High tide: 21:53 Walvis Bay: 22° | 28° Wind speed: 23km/h, Wind direction: SW, Low tide: 02:36, High tide: 08:53, Low Tide: 15:08, High tide: 21:52 Rehoboth: 15° | 29° Mariental: 18° | 32° Keetmanshoop: 21° | 32° Aranos: 18° | 31° Lüderitz: 18° | 29° Ariamsvlei: 21° | 34° Oranjemund: 15° | 24° Luanda: 26° | 28° Gaborone: 18° | 31° Lubumbashi: 12° | 26° Mbabane: 15° | 25° Maseru: 11° | 25° Antananarivo: 17° | 26° Lilongwe: 15° | 28° Maputo: 19° | 26° Windhoek: 15° | 28° Cape Town: 15° | 22° Durban: 19° | 25° Johannesburg: 17° | 27° Dar es Salaam: 24° | 32° Lusaka: 15° | 28° Harare: 14° | 29° Economic Indicators: Currency: GBP to NAD 23.25 | EUR to NAD 19.91 | CNY to NAD 2.59 | USD to NAD 18.59 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.32 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.69 | ZWL to NAD 0.04 | BRL to NAD 3.61 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.43 | USD to AOA 834.06 | USD to BWP 13.69 | USD to EGP 47.81 | USD to KES 134.48 | USD to NGN 1389.52 | USD to ZAR 18.57 | USD to ZMW 26.75 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 76076.19 Down -0.5% | Namibian Stock Exchange (NSX) Overall Index 1690.93 Down -0.96% | Casablanca Stock Exchange (CSE) MASI 13319.36 Down -0.41% | Egyptian Exchange (EGX) 30 Index 24448.73 Down -6.01% | Botswana Stock Exchange (BSE) DCI 9146.09 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 319.56/OZ DOWN -0.0058 | Copper US$ 4.53/lb DOWN -0.0218 | Zinc US$ 2 877.00/T DOWN -0.16% | Brent Crude Oil US$ 84.26/BBP DOWN -0.0435 | Platinum US$ 951.92/OZ UP +0.27%