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BUSINESS

‘NAM1’s US$39m Dubai money has arrived, pay us now’ – Menzgold customers

  Members of the Aggrieved Customers of Menzgold say they have been informed that the $39 million the Chief Executive Officer of now defunct Menzgold, Nana Appiah Mensah (NAM1), has been expecting from Dubai to pay them their locked-up investments has arrived. According to the group if it is confirmed that the money has indeed …

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Arrest NAM1 – Angry Menzgold customers beg Akufo-Addo

Members of the Coalition of Aggrieved Customers of Menzgold have called on President Nana Addo Dankwa Akufo-Addo and the Office of the national security to order the immediate arrest of Nana Appiah Mensah`Q34 (NAM1), CEO of the now-defunct Menzgold Company Limited. The call comes after NAM1’s company, Zylofon Music signed a new …

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Equipment to boost farmers’ efficiency and productivity arrives

The Agricultural Engineering Services Directorate (AESD) of the Ministry of Food and Agriculture has taken delivery of new farm equipment to support the operations of the small, medium, and large-scale farmers to enhance efficiency and boost yields. The equipment includes custom-made and conditioned rice tractors and accessories. The Tractors, Cabrio …

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Government ready to support Ada salt industry – President

President Nana Addo Dankwa Akufo-Addo has commended the various clans of Ada in the Greater Accra Region for coming together to address the bottlenecks that have hindered the development of the salt industry in the area. With this development, the President said the salt potential of Ada was ready for rapid development …

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Messi scores as Barcelona return with win

Barcelona scored 66 seconds into their return to action as Lionel Messi completed a comfortable 4-0 win at Mallorca in La Liga. Arturo Vidal headed the opener and former Middlesbrough striker Martin Braithwaite added his first for the club before the break. Luis Suarez came off the bench to make …

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Government targets 1GW power from nuclear sources

The Energy Ministry is confident of harnessing at least one gigawatt of power from nuclear sources, as it finalizes proposals to be submitted to Cabinet for approval. Officials of the ministry yesterday held a meeting with the Minister of Environment, Science, Technology, and Innovation, as well as other stakeholders, where …

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Ghana takes measures to address observed child labour in cocoa industry

The Government, on Friday, announced measures to address perceived issues of child labour in the cocoa industry, despite the inaccuracies in a report of a survey of the NORC of the University of Chicago. Ghana and La Cote d’Ivoire are contesting the conclusions of the survey of the NORC, which …

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No dividend for Fan Milk shareholders

Ice cream manufacturer, Fan Milk Ghana Limited, will not pay dividend for the year 2019. The company, which is one of the most profitable listed firms on the Ghana Stock Exchange, attributed the decision to the COVID-19 pandemic. It said in a statement that “In the uncertain context of COVID-19 …

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Nigeria to import salt from Ghana for its petrochemical industry

Oil-producing West African giant, Nigeria will in the coming days turn its attention from importing salt from Brazil for its petrochemical industry. The country is likely to focus on Ghana for the resources due to its abundance in Ghana. This comes after President Nana Addo Dankwa Aufo-Addo on Friday, June …

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PURC monitoring utility relief packages by government

Mr. Patrick Antwi, the Regional Manager of Public Utilities Regulatory Commission (PURC), Sunyani Regional office, said they are closely monitoring the various utility service providers to make sure the implementation of the relief package announced by the President is being carried out smoothly. He said the Sunyani Regional Office with …

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