Insurance company at center of N$2.1 million fraud investigation involving hospital staff and murder case suspects.
News reports
Order a long-term news report on Sanlam Namibia
Every mention in the Namibian press over the period you choose, compiled as a PDF or Word document.
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The Namibian
Sanlam Namibia held largest share of total Lisp assets at 73.6%
“Sanlam Namibia continued to hold the largest share of the total Lisp assets at 73.6%, followed by Momentum Wealth Namibia at 11.7 percent and Capricorn Asset Management at 7.8%”
Namibians hold N$11.7bn in investment platformsThe Namibian
Sanlam Namibia dominates the Lisps category with 74.2% market share
“In the linked investment service providers (Lisps) category, Sanlam Namibia dominates this space with a 74.2% share, followed by Momentum Wealth Namibia at 11.2%.”
Capricorn dominates Namibia’s investment marketThe Namibian
Sanlam Namibia had N$2.1 million stolen in ongoing fraud case
“The police at Ondangwa this week arrested a 35-year-old man allegedly linked to a N$385 000 transaction that forms part of an ongoing fraud case involving N$2.1 million stolen from Sanlam Namibia.”
Police arrest man linked to Sanlam fraud caseInformanté
Sanlam Namibia was victim of N$1.9 million in fraud
“The matter relates to the accused allegedly working with Dr. Nakanduungile to alter medical records for a claim which resulted in N$1.9 million in fraud committed against Sanlam Namibia.”
Lack of telephonic access allegedly prejudices accused in late Prosecutor Shiweda’s caseThe Namibian
Sanlam Namibia held 3×3 half court basketball tournament at Keetmanshoop
“He thanked Sanlam Namibia for the 3×3 half court tournament held at Keetmanshoop, which was a huge success.”
Basketball ready to shoot for the starsIndividual Namibians held N$11.7 billion, or 46.5% of the N$25.2 billion managed through Linked Investment Service Providers (Lisp) by the end of June 2026, according to Namfisa's latest quarterly report. Lisp assets grew 4.1% from the previous quarter and 20.7% year-on-year, driven by both new contributions and investment returns.
5 October 2026 · The Namibian →
Individual Namibians held N$11.7 billion, or 46.5% of the N$25.2 billion managed through Linked Investment Service Providers (Lisp) by the end of June 2026, according to Namfisa's latest quarterly report. Lisp assets grew 4.1% from the previous quarter and 20.7% year-on-year, driven by both new contributions and investment returns.
5 October 2026 · The Namibian →
Petrus Shikwaya, accused of providing money for acid used in the fatal attack on Ondangwa prosecutor Justine Shiweda, has been denied bail. He faces charges of conspiracy to commit murder in common purpose, murder in common purpose, defeating or obstructing the course of justice, and defrauding Sanlam Namibia of N$154,000.
29 August 2026 · The Namibian →
Capricorn Unit Trust Management Company holds the largest share of Namibia's collective investment schemes market with 35.5% of total assets, as of Q1 2026. The country's unit trusts hold N$126.5 billion in total assets, with the top three managers controlling 57.9% of assets under management.
2 July 2026 · The Namibian →
Petrus Shikwaya (22), facing murder charges in connection with prosecutor Justine Shiweda's death and fraud charges tied to an alleged N$2.1 million Sanlam scam, allegedly used part of the fraudulently obtained funds for purchases at KFC and building material suppliers, police told Ondangwa Magistrate's Court during his bail hearing.
21 June 2026 · The Namibian →
A 35-year-old man was arrested in Ondangwa for allegedly receiving N$385 000 linked to a fraud case involving N$2.1 million stolen from Sanlam Namibia. The suspect was charged with fraud, acting with a common purpose, and corruption-related offences, and remanded in custody pending a bail application on 15 June.
11 June 2026 · The Namibian →
Kelsey Kudumo, an Onandjokwe Intermediate Hospital intern doctor, faces allegations of participating in an insurance fraud scheme involving falsified medical reports and laboratory results amounting to more than N$2.1 million. The prosecution claims medical records were falsified to support fraudulent insurance claims, with two doctors and a former nurse also linked to the scheme.
21 May 2026 · The Namibian →
A former Onandjokwe Intermediate Hospital nurse is accused of exchanging laboratory results to facilitate a fraudulent insurance claim of N$1.2 million submitted to Sanlam Namibia in December 2024, allegedly in cohort with two doctors and an intern doctor. The state alleges that N$1.8 million in fraudulent claims were submitted, with portions of funds distributed to the accused and other alleged conspirators.
19 May 2026 · The Namibian →
Festus Amwaalwa, a former Onandjokwe Intermediate Hospital nurse applying for bail, has denied knowing alleged Sanlam fraud kingpin Abner Mateus or involvement in fraudulent insurance claims. State prosecutors allege Mateus recruited Amwaalwa to process fraudulent Sanlam claims amounting to about N$1.9m, but Amwaalwa testified he only met Mateus after their arrests in the investigation.
19 May 2026 · Namibian Sun →
Four suspects appeared in Ondangwa Magistrate's Court on Friday in connection with a widening Sanlam Namibia insurance fraud probe, bringing total arrests to 17. The accused face allegations of fraud, theft, forgery, uttering, corruption, money laundering and conspiracy, with investigations linked to the murder case of control prosecutor Justine Shiweda.
15 May 2026 · Namibian Sun →
Petrus Shikwaya, 21, testified at his bail hearing that his uncle, former police officer Abner Mateus, used his bank account and sent money through him without his knowledge, including funds allegedly used to buy acid for the attack on prosecutor Justine Shiweda. Shikwaya denied knowing Shiweda or being present during the incident, saying he was in Windhoek at the time.
21 April 2026 · The Namibian →
Lawyers have raised concerns that the fair trial rights of suspects in the murder case of late Control Prosecutor Justine Shiweda may be prejudiced, as the accused are barred from having access to telephones while incarcerated, hampering their ability to contact legal representatives. The matter was remanded to 8 April 2026 to address the issue of telephonic access and to fix a bail application date.
17 March 2026 · Informanté →
Marén de Klerk, a fugitive lawyer wanted in connection with the Fishrot fraud case, is challenging the Namibian Police's seizure of his N$1.3 million retirement annuity with Sanlam Namibia, arguing the seizure violates the Pension Funds Act and that pension benefits cannot be seized under the Prevention of Organised Crime Act.
27 January 2026 · The Namibian →