Know the most common types of bank frauds

Know the most common types of bank frauds

By Bank Windhoek’s Forensics Services Manager, Johnny Truter. International law states that any illegal act involving deception to obtain money from a financial institution or a bank's depositors is categorised as bank fraud. Like other fraud offences, bank fraud involves using a trick to obtain money illegally. Nowadays, fraudsters are continuously coming up with different ways to steal people’s hard-earned money. The following looks at the most common trends used […]

February 27, 2024 23

Local

Mathematics unlocks great potential – teachers

In collaboration with the African Leadership Institute (ALI) and the Ministry of Education Arts and Culture, Bank Windhoek recently hosted forty teachers for a three-day Mathematics workshop at Rock Lodge, in the Okahandja district. With facilitators from the Ministry of Education, Arts and Culture, the teachers represented Khomas, Omaheke, Hardap and the Otjozondjupa Regions. The workshop focused on helping the grade eight and nine teachers with essential mathematics […]

February 22, 2024 9

Local

Bank Windhoek appoints Ngula as its e-Money Head

Bank Windhoek’s Executive Officer of Retail Banking Services and Specialist Finance, James Chapman, recently announced the appointment of Candy Ngula as the Bank’s Head of Electronic Money (e-Money), effective Thursday, 1 February 2024. Chapman said that, in her new role, Ngula will focus on driving the value of e-Money and will be responsible for the growth and optimisation of e-Money across Bank Windhoek’s Retail Banking Services. Ngula joins […]

February 20, 2024 7

Local

NVF tourneys get a N$460 000 boost from Bank Windhoek

Over the past ten years, Bank Windhoek has supported and invested over N$2 million into the Namibian Volleyball Federation’s (NVF) tournament events. This information was recently shared by the Bank’s Head of Stakeholder Engagement, Corporate Social Responsibility, and Sponsorships, Bronwyn Moody, when she announced another N$460 000 sponsorship towards hosting NVF’s annual volleyball tournaments. “As a connector of positive change, this sponsorship demonstrates our continued support and commitment to […]

February 13, 2024 21

Local

Katuka participants begin self-empowerment journey

Bank Windhoek is a genuine relationship bank, a conduit for young women and their dreams to deliver real value for Namibians and their future. This statement was shared by Bank Windhoek’s Head of Strategic Communication, Hayley Allen, on Wednesday, 7 February 2024, at the first training sessions of the 2024 Katuka Mentorship Programme hosted at the Capricorn Corner Building in Windhoek. “The essence of what you are about […]

February 9, 2024 9

Local

Bank Windhoek support schools with basic needs

Between January and February 2024, Bank Windhoek’s Marketing and Corporate Communication Services Department donated toiletries and stationery items to the Baumgartsbrum Farm School and the Rocky Crest High School in Windhoek. The initiative is part of the Bank Windhoek’s Empathy Project. Situated about 20 kilometres from Windhoek towards the Daan Viljoen dam, Baumgartsbrum Farm School is a government boarding school accommodating 280 learners from less privileged backgrounds, mainly […]

February 8, 2024 18

Namibia

Suspects in Opuwo fraud case make first court appearance

The six suspects who were arrested in Rundu in connection with fraud committed at Bank Windhoek’s Opuwo branch, were denied bail in the Rundu Magistrate’s Court on Friday. The six men, whose ages range from 22 to 30 years, appeared before Magistrate Sonia Sampofu and Public Prosecutor Kaeren Kleopas. They are Joao Limbo Josef, Mathias Mukuve Kanyanga, Daniel Kusumu Goncalves, Linyando Kandjimi, Kamberuka Mukoso Lukas and Lukas Ihemba Sifwaku. […]

January 19, 2024 56

Namibia

Bank Windhoek theft suspects denied bail

The two suspects arrested in Opuwo in connection with the theft of N.dollars 2 million from Bank Windhoek, were denied bail when they made their first appearance in the Opuwo Magistrate’s Court on Thursday. The accused, 34-year-old Untag Kamati and 19-year-old Fenni Megameno Ankoshi, appeared before Magistrate Eden Kuneni Amutenya. They face charges of conspiracy to commit the offence of theft, and theft. The State is alleging that the […]

January 18, 2024 28

Namibia

NamPol Arrest Eight Individuals Linked to N$2 Million Bank Windhoek Theft

In Rundu, six individuals were apprehended by the Namibian Police in connection with the embezzlement of approximately N$2 million from Bank Windhoek. Additionally, two other suspects were taken into custody in Opuwo on Monday. The two individuals from the Kunene region, Untag Kamati (34) and Fenni Ankoshi (19), were brought before the Opuwo Magistrate’s Court yesterday and are currently held in detention. They face charges of fraud and theft.

January 18, 2024 6