Business

Angry Menzgold customers speak up on companies and "big people" who invested too

An association of people who are referring to themselves as Aggrieved Menzgold Customers have said that the current customer list awaiting their monies from the gold dealership includes very influential people and companies.

Presby Church pastor takes NAM1 and Menzgold to court over church investments

A pastor with the Presbyterian Church of Ghana, Reverend Joseph Appiah Odei, has dragged Menzgold and the CEO, Nana Appiah to court. Rev Odei is reportedly battling Menzgold and Nana Appiah legally for "locking" his investments.

Menzgold brouhaha: Stonebwoy worried over the future of Zylofon Media

Stonebwoy, is worried over the future of Zylofon Media, over Menzgold brouhaha. According to him, companies such as Zylofon Media and Zylofon cash which gets financial support from Menzgold could be in financial distress.

Kennedy Agyapong drops hint on what will make NPP lose election 2020

The New Patriotic Party (NPP) Member of Parliament for Assin Central, Kennedy Agyapong, has said the NPP faces a possible return to opposition if the government doesn’t review charges at the port. He said the situation is illegal.

Photos of 3 more ‘barons’ behind Menzgold leak online

YEN.com.gh earlier published the report of two top managers of Menzgold who were said to be running the business together with the CEO, Nana Appiah Mensah. Now, three more photos have been released of individual managers.

I am taking NAM1 to Nogokpo – Angry customer warns in latest wild video

YEN.com.gh has seen a video of an angry client of Menzgold revealing how he intends to take the CEO, Nana Appiah, to a popular shrine in the Volta Region to discipline him. He believes that is the best way to get his money back.

5 reasons why Ghanaians will forget the Menzgold saga before 2018 ends

Menzgold Ghana Limited has been in the news in recent times for all the interesting reasons. Their challenges with the Securities and Exchange Commission (SEC) and the Bank of Ghana (BoG) have raised eyebrows in Ghana.

Menzgold reveals why it will no longer pay dividends to customers

Embattled gold dealership firm, Menzgold Ghana Limited, has said it will no longer pay dividends to its customers. According to the company, it has reached an agreement with the customers to scrap the payment of dividends to them.

Ghana is the seventh wealthiest country in Africa according to report

Total individual wealth held in Africa currently amounts to around US$2.3 trillion. This figure is expected to rise by 34% over the next 10 years, reaching US$3.1 trillion by the end of 2027. YEN.com.gh news. Ghana news.

Pay attention to our rusting sugar factory – Disappointed Komenda residents cry

Residents of Komenda have expressed disappointment in the government for the poor state of the Komenda Sugar Factory. They complained that the factory, which was opened with pomp and pageantry in 2016 by the NDC is rusting away.

Embattled Menzgold boss pleads with customers for time to pay them

The embattled CEO believes the patience of his irate customers is the only to ensure safety. In a late night message on Twitter however, Nana Appiah urged his clients to exercise some restraint for the protection of his business.

Total Petroleum Ghana launches second edition of 'Startupper of the Year' challenge

Total Petroleum Ghana Limited has launched the second edition of the 'Startupper of the Year' competition - a contest designed to unearth budding entrepreneurs in the country to help advance the socio-economic development.

Economist drops dark prophecy on more banks collapsing by end of December

So far, all banks are on the journey of meeting the minimum capital requirement of 400 million cedis. Some banks have already met the requirement while others continue to fall off either in mergers or acquisitions.

Ghana’s GDP downward trend sees impressive growth rate of 8.5 percent

For the agricultural sector, a growth rate of 8.4 percent was recorded in 2017, as against 3.0 percent in 2016. The report also revealed that, the end-of-year inflation rate in 2017 was 11.8% as against 15.4% in 2016. YEN.com.gh

Ban governors of Bank of Ghana from establishing banks - Otumfuo

The Asantehene, Otumfuo Osei Tutu II has called for the enactment of a new law that will prevent present and former governors of the Bank of Ghana (BoG) from establishing their banks in the country over conflict of interest.

We are not paying 50% principal investments to customers - Menzgold

Menzgold has rubbished reports that they have outlined a payment plan for customers to cash out 50% of their investments. A press statement went viral on Tuesday that the gold trading firm will be giving clients 50% principals.

Anas drops hint of a possible investigation into the activities of Menzgold

Ghanaian investigative journalist, Anas Aremeyaw Anas, is set to investigate the activities of Menzgold. In a latest tweet sighted by YEN.com.gh, the award winning journalist has set his sights on the embattled gold trading firm.

Menzgold customers can visit branches of the company to demand their matured investment today

Addressing a press conference today, Thursday, Corporate Affairs Manager of Menzgold, Nana Yaw Ofei, explained that the company will pay all its customers that were trading with them until September 12. YEN.com.gh news.

2 billion dollars Sinohydro agreement cannot be classified as a loan - IMF

The objective of the agreement is to improve road infrastructure for enhanced intra-urban, regional and national road traffic flow and pursue rural electrification, affordable housing and fishing landing sites. YEN.com.gh news.

These are the 4 reasons why we shouldn't think rich people are automatically hardworking people

Most of us believe that all wealthy people put in so much work and sleepless night to attain what they have. But it turns out that although this may be true for some people, for the majority, it is not. YEN.com.gh compiles a list.

Menzgold is yet to provide relevant documents - SEC deputy boss reveals

The operations of embattled investment firm, Menzgold may not resume this week as earlier announced. This follows revelations that the company is yet to provide the necessary documents to the Securities and Exchanges Commission.