A confidential document in which the Finance Minister Ken Ofori-Atta ordered for the revocation of the license of specific Fund Management Companies including Gold Coast has been uncovered. The May 2019 memo shows not only […]
The Securities and Exchange Commission (SEC) has asked the management of Gold Coast Fund Management Ltd to stop collecting deposits or receipts of new funds from the general public. A statement issued by SEC today, […]
Vodafone Ghana, the country’s second largest mobile network operator (MNO) by subscribers, has stated that it will not list on the Ghana Stock Exchange (GSE), as per the terms of its newly-acquired 4G licence, writes […]
Despite the last reforms in the universal banking space, the Association of Ghana Industries (AGI) believes still more needs to be done in order to stabilise the financial ecosystem in general. The AGI argues that […]
The Securities and Exchange Commission (SEC) of Ghana has announced, in pursuant to Sections 3(b) (f) (m) and 208 (c) of the Securities Industry Act, 2016 (Act 929) that six fund managers have voluntarily decided […]
Depending of whom I have spoken to since the beginning of the end of Menzgold, I’ve either believed strongly that it was a deliberate diabolic scheme to dupe unsuspecting (or in the words of the […]
Heavily armed Police officers have stormed a house in Cape Coast belonging to the mother of Nana Appiah Mensah who is wanted for alleged fraud and money laundering in the Menzgold Ghana saga. Residents told […]
An Accra High Court on Thursday dismissed a suit filed by Menzgold Ghana Limited against the Bank of Ghana (BoG) and the Securities and Exchange Commission (SEC). This was after the Court Presided over by […]
Some staff of embattled gold dealership firm Menzgold Ghana Limited, have claimed that the company is conniving with some powers in government, to secretly pay the investments and entitlements of high-profile clients.In a statement, the […]
Staff of Menzgold Ghana Limited claim some of their management have tried to flee the country as clients agitate for their locked up funds. They added that 13 of the management members, the names of […]
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