The Ministry of Trade and Industry has been directed by the Economic Management Team (EMT) to immediately halt the January 1, 2019 single window system takeover by CUPIA of Korea Customs Service and Ghana Link Network Service Limited. The decision, which was taken on December 18, 2018 and communicated to the ministries of Trade and […]
Category: Business
Details: See the full list of recapitalised banks in Ghana
By: Maxwell Akalaare Adombila The Bank of Ghana (BoG) will, this week, announce the list of banks that have successfully raised their minimum capitals to GH₵400 million in compliance with its earlier directive, which elapsed on December 31, 2018. Ahead of the official announcement, Graphic Online is making the following informed predictions based on reliable […]
2019 is the year for youth in Agriculture-John Dumelo declares
Actor and entrepreneur John Dumelo has declared 2019 as the year for youth in Agriculture, saying it is important that the country take steps to make Agriculture great again. The Actor who has not hidden that fact that he is a farmer, has been at the forefront of promoting and encouraging the youth to venture […]
Crime Alert: Nam1’s brother and Directors of Menzgold discreetly selling off company properties
It has emerged that some Directors of distressed gold trading firm, Menzgold Company Limited with the connival of the younger brother of Chief Executive Officer of the company, Nana Appiah Mensah, Kingsley Asiedu are out and about, auctioning company properties that are easy to sell, on the blind side of authorities. This website is reliably […]
Former BoG governor Dr. Paul Acquah chairs Akufo-Addo’s fiscal council
Former Governor of the Bank of Ghana, Dr. Paul Acquah has been penciled to chair the fiscal council which creation has been announced by president Nana Addo Dankwa Akufo-Addo. To tie the hands of politicians going forward, the President has caused to be passed in December, 2018, a Fiscal Responsibility Act which limits the budget […]
Update: Nam1’s brother Kingsley Asiedu in Ghana to sell off assets of Menzgold, repatriate cash to Nam 1
Reliable information available to BestNewsGH.com indicates that Kingsley Asiedu, the younger brother of the Chief Executive Officer of Menzgold Ghana Limited Nana Appiah Mensah who is being sought after by customers of the company in the United Kingdom (UK) and Spain is in Ghana on a mission to ‘’clean up’’ the assets of the company […]
Menzgold used obsolete UK laws and clauses to deceive customers in Ghana to sign their contracts-Ace Ankomah
Renowned legal practitioner, Ace Ankomah has revealed that the laws and clauses captured in the contract forms that were signed customers of gold trading firm, Menzgold were not Ghanaian laws or clauses, but from the United Kingdom. According to him, the Drug Trafficking Offences Act of 1986 is a UK Act which was repealed as […]
Gov’t must tell Ghanaians how Menzgold survived even after several warnings-Amanda Clinton
A private legal practitioner and lawyer for some of the aggrieved customers of distressed gold trading firm Menzgold Ghana Limited, Amanda Clinton is demanding a full report from government on how the company was able to survive and thrive even after several warnings from regulators. The lawyer finds it difficult to fathom why the company […]
6 million dollars is the highest single investment of the 200 million dollars invested by 1.8 million Menzgold customers
It has emerged that the single largest investment made into gold trading firm, Menzgold Ghana Limited by an individual was 6 million dollars. And this is out of the 200 million dollars invested by the company’s 1.8 million customers, according to private legal practitioner, Amanda Clinton, who is serving as Counsel for several aggrieved investors […]
Menzgold crisis: Ineffective warning notices and weak financial literacy turns innocent investors into victims- Prof John Gatsi
Economist Professor John Gatsi has attributed the recent upsurge in the number of victims of failed investment and financial institutions to ineffective investment warning notices and weak financial literacy. He has also admonished the public to refrain from labeling victims of ponzy schemes such as DKM and Menzgold as criminals and greedy people. According to […]
All set for the grand opening of odjidja royal palace hotel in Kwabenya today, Saturday, December 29, 2018
Odjidja Royal Palace Hotel, an ultra-modern 50 room capacity hotel located in South Kwabenya, in the Dome Kwabenya Constituency in the Greater Accra Region is set to be opened today, Saturday, December 29, 2018 at 9am. The hotel, which houses all the modern facilities that befits a luxurious facility, holds two big conference halls, seating […]
You enjoyed your dividends alone when things were good, so shut up-Nam1’s brother to ‘greedy’ UK, Spain Menzgold clients
Kingsley Asiedu the brother of embattled CEO of Menzgold, Nana Appiah Mensah who has gone into hiding since the collapse of the company has called the bluff of customers of Menzgold in the United Kingdom (UK) and Spain, basically calling them greedy people who never shared their dividends with him when things were rosy. Mr. […]