Business

Gold dealership firm, Menzgold, has announced the first bulk batch payment of GH₵‎5 million to its customers. The move, according to Menzgold, follows a successful verification exercise which took place between August 10 and September 14. A statement signed by the CEO, Nana Appiah Mensah, said the payment range will be between …

Deputy Attorney-General, Alfred Tuah-Yeboah, has confirmed that the state will continue to pursue the former CEO of the defunct Capital Bank, Ato Essien, even after he was sentenced to 15 years in prison. Mr. Tuah-Yeboah emphasized that the state intends to seize the former CEO’s immediate properties to recover a …

The Attorney-General and Minister for Justice, Godfred Yeboah Dame has assured the victims of the Menzgold scam that justice will be served. Mr Dame admitted that the scam has broken homes and to some extent led to loss of lives. The A-G made this known when he addressed the “Fortieth …

In the ongoing Menzgold controversy, where victims are relentlessly seeking justice for their vanished investments, the Chief Executive Officer has portrayed himself as the foremost casualty of the entire debacle. As the demands for accountability persist, Nana Appiah Mensah, also known as NAM 1, has admitted to being the one …

Menzgold Ghana has announced the cancellation of a paid customer validation process in its efforts to facilitate the processing of payments for its aggrieved customers. In a letter dated August 18, 2023, the company informed its clients that this validation is necessary following the initial assessments, which according to them …

Minister for Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey, has expressed worry over the continuous extortion and corruption at the Passport Office. On the back of this, Madam Ayorkor Botchwey has relieved staff who were seconded to the passport office of their duties. The Minister has directed that effective Monday, …

The International Monetary Fund (IMF) has addressed the concerns surrounding the Bank of Ghana’s (BoG) GH¢60 billion loss incurred during the 2022 fiscal year, aiming to allay anxieties by asserting that there is no need for alarm. The BoG has faced heightened scrutiny from opposition political factions and civil society organisations due …

The chief executive officer of the defunct gold trading company, Menzgold, Nana Appiah Mensah has announced that over sixty percent of claims submitted for validation were plagued with several defects. Menzgold on July 30 called on its clients to submit supporting documents for validation to facilitate payments. The company enumerated a …

Upon their successful arrival in London, narratives have started rising that corporates are trying to tap into Wonderlust Ghana’s glory despite failing to render them any support. The group of 12 successfully completed a remarkable 16-day journey which span over 10,000km on Sunday. Engaging the media before their arrival, one …

India has outlawed the export of non-basmati white rice in an attempt to ward off looming domestic price spikes. Heavy rains have hurt crops in the country and rice prices have risen by more than 11% over the last 12 months. Non-basmati white grain currently accounts for about a quarter …