… The Small and Medium Enterprise Bank (SME Bank) fell into insolvency in 2017 after N$247 million was allegedly siphoned from the bank. …
Houses of SME Bank’s Kamushinda up for auction, againNamibia Minute.
Monday, 11 May 2026
Namibia’s news, on the hour · Est. 2026
Monday, 11 May 2026
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Organization
Small and Medium Enterprise Bank
Also known as: SME Bank
Namibian bank that underwent liquidation following a 2021 High Court settlement, with liquidators continuing asset recovery efforts.
In coverage
Verbatim sentences from the source article.
- March 2026
- February 2026
… He was well-known in the high-profile liquidation sphere, dealing with big cases such as the Air Namibia liquidation, the SME Bank closure, and the Fishrot-related asset curatorship. …
Veteran liquidator Bruni dies… He was well-known in the high-profile liquidation sphere, dealing with big cases such as the Air Namibia liquidation, the SME Bank closure, and the Fishrot-related asset curatorship. …
Veteran liquidator Bruni dies- November 2025
… It is astounding that the government, or rather the state, still considers itself qualified and trustworthy in light of: Fuelrot, Fishrot, SME Bank collapse, the Government Institutions pension Fund’s missing millions, and low foreign direct investment and poor fixed investment r …
The Land Bill Demands a Land Audit: Accountability Over Acquisition- August 2024
Part of the N$79 million stolen from SME Bank was used to buy luxury vehicles such as an Aston Martin, a McLaren and a Mercedes-Benz for individuals in South Africa. …
Looted SME Bank millions splashed on cars in SAA total of N$18,8 million stolen from SME Bank was transferred to and laundered by former Zimbabwean president Robert Mugabe’s pilot and confidant Robert Mhlanga. …
N$18m stolen from SME Bank paid to Mugabe’s pilot- March 2024
… He says they act on a simple calculation: “Let’s steal whatever we can, then dare the victims to find the juice to reclaim their money.” In essence, this resonates with the systematic looting at the SME Bank by Zimbabwean businessman Enoch Kamushinda and his Namibian cronies that …
Are SME Bank Culprits Untouchable?Just what protection do the SME Bank suspects enjoy that no criminal charges have been brought against them despite evidence pointing to systematic looting? …
The SME Bank Disgrace- February 2024
… The Fishrot scandal and the collapse of the SME Bank added to the feeling that Namibia was falling behind, losing the battle against corruption despite Geingob’s strong anti-corruption rhetoric. …
Obituary: Geingob, A President Who Shaped Namibia- October 2023
… Then there was the ill-fated SME Bank whose main drivers from Zimbabwe, such as Enoch Kamushinda, got away with more than N$200 million; to his own links to the French Areva uranium deal for which Geingob received N$3 million that he declared to parliament as a consultancy fee to …
Beware of Vanity Awards
Business
SME Bank liquidators auction Kamushinda properties for third time
The News
Two Windhoek properties owned by former SME Bank shareholder Enock Kamushinda's companies are set for a third auction on 17 March as liquidators seek to recover N$140 million owed following a 2021 High Court settlement. Previous auctions failed when successful bidders did not complete payment.
4 March 2026 · The Namibian →
Wednesday 4 March
SME Bank liquidators auction Kamushinda properties for third time
Two Windhoek properties owned by former SME Bank shareholder Enock Kamushinda's companies are set for a third auction on 17 March as liquidators seek to recover N$140 million owed following a 2021 High Court settlement. Previous auctions failed when successful bidders did not complete payment.
4 March 2026 · The Namibian →
Saturday 7 February
Veteran liquidator David Bruni dies at age 76
David Bruni, a prominent liquidator known for handling high-profile cases including Air Namibia's liquidation and the SME Bank closure, has died aged 76. He is survived by his wife Gisela, three children, and two grandchildren.
7 February 2026 · The Namibian →
Friday 6 February
Veteran liquidator David Bruni dies at 76
David Bruni, a prominent Namibian liquidator known for handling major cases including the Air Namibia liquidation, SME Bank closure, and Fishrot-related asset curatorship, has died aged 76. He is survived by his wife Gisela, three children and two grandchildren.
6 February 2026 · The Namibian →