Gold Coast Fund Management (GCFM) welcomes confirmation by the Security and Exchange Commission (SEC) that it is seriously engaging with the company to find a lasting solution to the liquidity crisis faced by it.   In a Press statement copied to...
The lawyer for almost a thousand aggrieved customers of Menzgold Ghana Limited, Ms Amanda Akuokor Clinton, has officially requested Ghana's Deputy Attorney General and Minister of Justice, Mr Joseph Dindiok Kpemka, to produce the Dubai court judgement which acquitted...
The Registrar of Companies in the United Kingdom has served notice of a possible dissolution of Menzgold England. The Registrar said in the notice that “unless cause is shown to the contrary, at the expiration of 2 months from the...
Ghana’s cedi has recovered to levels that appropriately reflect the state of the economy after “overshooting” during a slump in the first quarter, according to the head of the central bank. The currency of West Africa’s second-biggest economy collapsed as...
The Securities and Exchange Commission (SEC), says it has received and is reviewing proposals from Gold Coast Fund Management (GCFM) to replace its Structured Finance (SF) product.   In a public statement released today, the Commission stated that in view of...
Ghana’s cedi has recovered to levels that appropriately reflect the state of the economy after “overshooting” during a slump in the first quarter, according to the head of the central bank. The currency of West Africa’s second-biggest economy collapsed as...
It has emerged that the pilot of Nana Appiah Mensah, aka NAM1, the embattled owner of Menzgold Ghana Limited, has been questioned by the Economic and Organised Crime Organisation (EOCO). The suspect, who is an Australian, was picked up on...
One of the former friends of Nana Appiah Mensah, popularly known as NAM1, has claimed that Appiah is in Ghana at the moment. According to him, the NPP government and EOCO boss are afraid of arresting NAM1 in order...
Former Director General of Ghana Ports and Habours Authority (GPHA) Paul Asare Ansah was Thursday, April 11 awarded at the 6th Ever Global Achievers Leadership Awards ceremony held at the British Council Hall. Mr. Ansah, who is currently the technical...
It appears Ibrahim Dauda aka Ibrah One, the former best friend of the embattled millionaire, Nana Appiah Mensah is determined to pour sand into the gari of NAM1 no matter what he does. Ibrah One has just described all...
Internet technology giant Google has officially opened its Artificial Intelligence (AI) Research Centre in Ghana with high hopes of finding solutions to Africa’s problems. Artificial intelligence is an area of computer science that emphasizes the creation of intelligent machines that...
The Tema Community One District Police Command has initiated investigations into circumstances surrounding how a bank teller at the Tema main branch of the National Investment Bank (NIB), forgot to lock-up cash of GH¢35,520 in the vault on a...
The Bank of Ghana has released a clearer version of the upgraded cedi notes due to start circulation on May 6. The notes were signed by the Governor of the Bank of Ghana, Dr Ernest Addison, on March 4 and...
The Bank of Ghana has released a clearer version of the upgraded cedi notes due to start circulation on May 6. The notes were signed by the Governor of the Bank of Ghana, Dr Ernest Addison, on March 4 and...
The Social Security and National Insurance Trust (SSNIT) has indicated that it exceeded its revenue target for the year 2018. According to the Trust, it collected GHC1.82 billion in 2018 compared to a target of GHC1.81 billion. Deputy Director-General of SSNIT...
The Hohoe Municipal Assembly, Volta Region, at the end of 2018, mobilised GHC1,008,427.35 as its Internally Generated Fund (IGF). The figure represents 102 per cent of the Assembly's 2018 total projected IGF of GHC990,890.00. Mr Andrews Teddy Ofori, the Municipal Chief...
Inflation for the month of March increased slightly to 9.3 per cent from the 9.2 per cent recorded in February. The March 2019 figure is 0.1 percentage points higher than the 9.2 per cent recorded in February this year, the...
The embattled Chief Executive Officer of the now-troubled gold-trading firm, Menzgold Ghana Limted, Nana Appiah Mensah, (NAM1) intends countersuing Horizon Royal Diamonds DMCC, a Dubai-based company he had business dealings with, which sued him in an attempt to retrieve...
Members of the Coalition of Aggrieved Menzgold Customer (CAMC) have said they would not hesitate to reinvest their monies into the trouble gold dealership firm, Menzgold, if their locked up funds are reimbursed. “You’ll still have to drink water even...
The Director of Communications of defunct gold dealership firm, Menzgold, Nii Armah Amartefio has revealed that he was recently given marching orders from a bidding event after the organizer accused him of defending the embattled CEO of Menzgold, Nana...

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