HomeBusinessBusiness

Business

We have released list of 200 paid clients to CID – Menzgold

Defunct gold dealership firm Menzgold has said it has released details of 200 clients it claims to have paid.But the list has been given...

Twitter to test ‘block all replies’ function

Twitter has said it will test new features that allow users to control who can reply to their posts or block replies entirely."We want...

Listen: We now beg to eat – Menzgold staff bare teeth over neglect

Staff of defunct gold dealership firm, Menzgold Ghana Limited are crying over neglect of management.According to them, after they were asked to proceed on...

Importers and Exporters Association admonishes Customs, IT Service Providers against unnecessary downtimes

The Importers and Exporters Association of Ghana have called on Customs and its IT Service Providers to take necessary steps to cut down on...

VRA to export power in 2023

Chief Executive Officer of Volta River Authority (VRA), Mr Emmanuel Antwi-Darkwa, has announced that VRA will supply power to Mali and other West African...

Menzgold customer speaks about invasion of NAM1’s residence and more

Aggrieved customers of collapsed gold dealership firm Menzgold, say they will not rest until their locked investments are retrieved.Public Relations Officer (PRO) for the...

Listen: Arrested Menzgold customers still in police custody

Over 100 Menzgold customers of defunct gold dealership firm, Menzgold, arrested for illegally picketing at the home of the Chief Executive Officer (CEO), Nana...

Inflation for December 2019 falls to 7.9%

Continuous reduction of food prices in the last quarter of 2019 has influenced a marginal drop in inflation for December 2019, the Ghana Statistical...

Invasion of NAM1’s house: Menzgold customers arrested [video]

A swift police action has resulted in the arrest of demonstrating Menzgold customers who had invaded the Trassaco residence of Chief Executive Officer, Nana...

Just in: Angry Menzgold customers storm NAM1’s house [WATCH]

Angry customers of defunct gold dealership firm, Menzgold, are said to be marching to the residence of Nana Appiah Mensah, the firm’s Chief Executive...

Frustrated Menzgold customers to petition international community over locked up funds

The Coalition of Aggrieved Customers of Menzgold, has reiterated its intention to appeal to the international community to help with the retrieval of their...

What govt will do to support Kantanka automobile – Minister reveals [Listen]

Minister of Science, Environment, Technology and Innovations says the government is ready to support the Kantanka Group of Companies, established by the Founder and Leader of...

Fisherman counts losses after premix fuel explosion [audio]

Anthony Essoun, owner of Jesus the Limit Breaker Canoe, has narrated the huge debts incurred after a premix fuel explosion at Elmina on Saturday.According...

Central Region fisherfolks demand meeting with Akufo-Addo

The Central Region Canoe Fishing Council is seeking an audience with President Nana Akufo-Addo to discuss challenges in the fishing industry.The Council called on...

Menzgold customers begin fresh push to retrieve locked up cash

Spokesperson of the Coalition of Aggrieved Menzgold Customers, Fred Forson, said they were ready to go all lengths to get their investments back...

IMF warns ‘Ghana’s risk of debt distress classification’ still remains high

The International Monetary Fund (IMF) is warning that Ghana’s risk of debt distress classification still remains high. This was after the Fund carried out the...

Issue 2020 Eurobond to salvage cedi — Economists

The government should issue Eurobond quickly in the first quarter of the year and use the foreign exchange (forex) to cushion the cedi from further depreciating...

Dangote ends 2019 $4.3 billion better off

Aliko Dangote, Africa’s richest man, became $4.3 billion richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and...

BOST loses ¢194,760 in Buipe Depot Truck Park incident

Bulk Oil Storage and Transportation Company Limited (BOST) has said it lost product worth ¢194,760 in the Buipe Depot Truck Park fire incident. The company...

BoG reacts to Mahama’s comment about new GH¢100, GH¢200 banknotes

The Bank of Ghana has said the introduction of the new higher denomination banknotes it issued recently was the result of a well-thought-out currency...

We’ll force foreigners to comply with our laws – GUTA

The Ghana Union of Traders Association (GUTA) is not relenting in its efforts to ensure foreign traders comply with local laws.The group says it...

Kantanka to produce electric ‘Aboboyaa’ by mid 2020

Kantanka Group of companies, the Ghanaian automobile-manufacturing company will begin the production of electronic tricycles, commonly known in Ghana as 'Aboboyaa', by the middle...

SSNIT increases pensions by 11 % in 2020

The Social Security and National Insurance Trust (SSNIT) has announced an increase in pensions by at least 11% for 2020. Director-General of SSNIT, Dr John...

Yumvita thrills families in Koforidua

It was all joy and fun over the past weekend as Yumvita thrilled hundreds of families to an exciting festive celebration in the Eastern...

EIU predicts reduction of lending rates by Bank of Ghana

The Economist Intelligence Unit (EIU) has predicted that the Bank of Ghana (BoG) will lower its lending rate this year.In its latest country report,...

Mass immunisation of tilapia farms begins to fight spread of fish virus

The Ministry of Fisheries and Aquaculture Development has begun a mass immunization of fish farms in the country to fight the Infectious Spleen and...

2019 Audit to include assets, liabilities declaration by public officer holders

The Auditor-General has directed that all staff of the Ghana Audit Service and other firms auditing on his behalf to ensure that public officers...

WhatsApp to stop running on these phones from Tuesday, December 31

WhatsApp has said that its instant messaging app will stop working on all phones running Microsoft Windows OS from Tuesday, December 31.It should...

Ghanaians react to Kantanka’s aeroplane-like vehicle

Some Ghanaians seem not impressed with the aeroplane-like vehicle manufactured and outdoored by Founder and Leader of the Kristo Asafo Mission, Apostle Dr Ing....

Power restored to VALCO – Energy Ministry

The Energy Ministry has warned other State institutions that are indebted to the Ghana Grid Company Limited (GRIDCo) and other power transmission companies like...

GRA impounds three vehicles without proper invoices

The Ghana Revenue Authority (GRA) has impounded three vehicles with goods without proper invoices.The cars were seized when Debet Enforcement and Compliance Unit mounted check...

GRIDCo explains why it cut power supply to VALCO

Ghana Grid Company Limited (GRIDCo) has today, Monday, December 30, disconnected power supply to the Volta Aluminum Company Limited (VALCO) for failure to pay...

Why my father built ‘aeroplane’ vehicle – Kantanka CEO reveals

Chief Executive Officer (CEO) of Kantanka Automobile Company, Kwadwo Safo Jnr, has explained why his father, Apostle Dr Ing. Kwadwo Safo, built the aeroplane-like...

GRIDCo switches off VALCO over US$30 million debt

Ghana’s power transmission company, Ghana Grid Company Limited (GRIDCo), has disconnected power supply to the Volta Aluminum Company Limited (VALCO), following failure of the company to settle...

Customer confirms he has been paid by Menzgold [Listen]

Ernest Oppong, an aggrieved customer of Menzgold, has claimed that the embattled gold-dealership firm has refunded his locked up investments.He made the revelation...

BoG set to auction $715m in 2020

The Bank of Ghana (BoG) is set to auction $715 million in Forward Foreign Exchange Auctions throughout 2020.January, February and March 2020 are the...

We have paid 200 customers – Menzgold insists

Public Relations Officer of Menzgold, Nii Armah, has defended payment claims by the company to some aggrieved customers of the gold-dealership firm.SEE THIS: Angry...

Angry Menzgold customers threaten NAM 1 over ‘Awam’ payments [Listen]

Some aggrieved customers of troubled gold-trading firm, Menzgold Ghana Limited, have sworn to deal with the firm’s Chief Executive officer, Nana Appiah Mensah (NAM1),...

Ghana accepts to use new ECO currency

A press release from the Communications Directorate of the Jubilee House indicates the country’s acceptance and use of the new common currency of the...

About 200 Menzgold customers have received locked up cash – Management

Close to 200 customers of Menzgold Ghana Limited have received their locked-up funds.According to the management of the collapsed gold dealership firm, these customers...