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Friday, 12 June 2026
Namibia’s news, on the hour · Est. 2026
Friday, 12 June 2026
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Namibian press · Organization

SME Bank

SME Bank — financial institution that underwent closure, which was handled by veteran liquidator David Bruni.

2020-04-232026-06-12
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What’s been said

Key points drawn from coverage. Tap a point to see the original sentence.

  1. November 2025

  2. The Namibian

    SME Bank underwent collapse

    Source

    “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 rates.”

    The Land Bill Demands a Land Audit: Accountability Over Acquisition
  3. March 2024

  4. The Namibian

    SME Bank had vanish about N$250 million of depositor funds

    Source

    “Then, for about three years, the Bank of Namibia allowed the SME Bank to get away with flouting basic rules such as submitting audited financials for taking some action in 2017 well after about N$250 million of depositor funds had vanished.”

    The SME Bank Disgrace
  5. April 2020

  6. The Namibian

    SME Bank collapsed and lost N$350 million

    Source

    “His handling of the SME Bank, which collapsed and lost N$350 million, proved a contentious issue.”

    Shiimi’s road to treasury
Politics

Acting prosecutor general plans to exit by year-end

The News

Martha Imalwa, the acting prosecutor general, says she is looking forward to leaving office at the end of the year. The Judicial Service Commission has restarted recruitment for a substantive prosecutor general after none of the eight shortlisted candidates met the required standard in a written assessment.

Why it matters

Acting prosecutor general Martha Imalwa confirms exit by year-end as JSC restarts recruitment following all eight candidates' failure to meet standards, raising governance concerns.

14 hours ago · The Namibian →

Yesterday

  1. Acting prosecutor general plans to exit by year-end

    Martha Imalwa, the acting prosecutor general, says she is looking forward to leaving office at the end of the year. The Judicial Service Commission has restarted recruitment for a substantive prosecutor general after none of the eight shortlisted candidates met the required standard in a written assessment.

    14 hours ago · The Namibian →

Saturday 7 February

  1. 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

  1. 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 →

SME Bank — Namibian press coverage · Namibia Minute