Menzgold To Pay All Premiums To Customers Within 3 Months

By on

Gold Firm Menzgold has said it has commenced efforts to pay premiums of all customers in the next three months.

The firm has however scrapped the payment of dividends as was the situation until its impasse with regulator the Securities and Exchange Commission.

Menzgold in a statement Monday said it will begin the payment of the staggered premiums today Tuesday October 9, following an agreement with customers and other stakeholders.

“Menzgold Ghana limited noting that the principal concerns of its customers is for the return of their primary value of gold traded with company, has agreed and proposes to pay and return to every customer the full value of gold traded, in 90 days commencing Tuesday October 9,” the company said in a statement.

The company also noted it will not be able to pay 50% of premiums at once as suggested by some stakeholders instead it will come up with a convenient payment plan that will help them clear the arrears within three months as promised.

ABOUT: Ellsamwise King

[email protected]

A Civil/Structural Engineer & Freelance Blogger, Journalist, Social Media Mogul, Digital Marketer, Entrepreneur, and Philanthropist. CEO of Skyline Consortium & 9189 Media Consult and Co-Founder of Team Sarkodie. An alumnus of Prempeh College where he read General Science. He holds a first degree in Bachelor of Science from the Kwame Nkrumah University of Science and Technology. His mentors are Alvar Alto, Rupert Murdoch, Piers Mogan, Mensa Otabil, Bernard ElBernard Nelson-Eshun. Blogs for; | | | | . Social Media Manager for Eon3 Group | BrandsAid | Kings Crown Media | Carabao Africa Ghana & Africa | Calvary Temple - ICGC | Team Sarkodie | Muzik IQ | Kwaw Kese Please inquire more via Email: [email protected] | [email protected] Instagram & Twitter: @wise_tskd Facebook: Ell Samwise LinkedIn: EllSamwise King Dogbe

view all posts by: Ellsamwise King  

ABOUT 233TIMES is a Ghanaian media house which serves as a major source of exclusive interviews ,music and video downloads, news and more. reports on major events,news covering entertainment, politics, sports, etc from within Ghana, Africa and beyond.

We have a platform for the amateur artistes to portray their staggering talents ...more...


facebook twitter youtube google plus linkedIn

To advertise with us or make enquiries, please visit or call +233266121799 (Selorm), +233248185848 (Nana Kwesi)