Embattled gold dealership firm, Menzgold Ghana Limited, has announced a new online gold trading product that would enable customers to receive prompt extra values and principal payments.
The company, has also scheduled a meeting with its stakeholders this weekend to discuss the percentage of principal payments to customers.
A statement issued and signed by the Acting Head of Communications, Nii Amarh Amarteifio, Friday, said the agreed percentage of principal payments to be paid would be made via direct transfer into the account of customers who have expressed their willingness to terminate their transactions.
The statement further announced that the company would effective Monday, October 29, 2018, commence a programme titled “Time With Menzgold" to address the concerns of customers.
Below is the full statement
UPDATES FOLLOWING THE 8TH OCTOBER 2016 MEDIA RELEASE
Following our Media Release on 8th October 2018, we would like to thank you, our customers for taking time off your busy schedules to go and have your names written at your various branches in anticipation of your principal payments.
The percentages to be paid will be officially communicated in a press release after a stakeholders meeting scheduled for this weekend. All agreed percentage payments will be made via DIRECT TRANSFER into the accounts of ALL Customers who have expressed their willingness to terminate their transactions shortly thereafter.
However. Menzgold could commence full operations on or before 5th Nov. 2018, with the launch of a new online Gold/Collectibles Trading product that would make it possible for existing transactions to be migrated unto it for immediate prompt EXTRA VALUE & PRINCIPAL PAYMENTS in order for business to proceed as usual.
We wish to assure our cherished customers of our unreserved commitment to stabilise, sustain and grow the Menzgold course, all in our resolve to serve our customers better.
Menzgold Ghana would once again like to thank all customers for your patience and support physically and spiritually as we navigate through these cold trying waters to a fruitful, expected and fulfilling end.
May we also announce that, effective Monday. 29th Oct 2018, there would be a program titled; TIME WITH MENZGOLD" that would be the official medium through which Menzgold/Customers concerns would be adequately addressed by This would be the authoritative mouth-piece for the MenzgoldCommunications department. It would be aired every Monday and Thursday. 11am-I2pm on Zylofon FM1021 and repeat on Tuesdays and Fridays. 7:30pm - 8 30pm on Zylofon TV.
Kindly also note that our doors are always open for queries, suggestions and contributions
Thank you.
Signed
Nii Armah Armateifio
HEAD OF COMMUNICATION
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Just pay the money
@Cynthia Robertson Menzgold making a transition to the online Platform DOESNT mean they are Global and not under the jurisdictions of the Laws governing the country.Please I will advice you to read more about it before passing such comments.. When you want to rip what you didn’t sow that’s always the consequence.. Pyram..R5..DKM are all examples but GREED FOR MONEY WONT ALLOW GHANAIANS TO LEARN FROM THE PAST am KWAKU ADJEI.....
MenzGold has done remarkably well. The government and its surrogates, BoG and SEC and sections of Ghanaian public have stigmatized MenzGold and its customers describing them as greedy and deserving to lose all their investments. MenzGold on the other hand assured the customers of the safety of their deposits. With this Online Platform, MenzGold has now turned Global and now beyond the abuse of power by Ghanaian state institutions. Long live MenzGold! Long live the customers of MenzGold and long live Ghana!
Menzgold shall survive and your hatred will kill you...
BOG GOVERNOR and SEC boss will regret this in 2020 elections... Npp will regret this in 2020 elections.... Seven private banks have collapsed due to the criminal conduct of high profile loan DEFAULTERS to dupe depositors of their savings yet BOG refused to publish their names despite the fact that the government is going to bail them out with over 13 billion GHC tax payers money... BOG MAFIA STAFF who have Teamed up with directors of private banks and high profile loan DEFAULTERS to dupe depositors of their savings must be published and sanctioned because they are ***barred word*** ***barred word*** ***barred word***.. YET NPP IS SHIELDING THEM.... MEANWHILE MENZGOLD NEVER DEFAULTED EVEN ONCE IN PAYING CUSTOMERS DIVIDENDS BUT BOG TEAMED UP WITH SEC TO CLOSE IT DOWN AND CAUSED PANIC WITHDRAWALS.... WHY ARE YOU TREATING CULPRITS OF 7 COLLAPSED BANKS WITH KID GLOVES YET TEARING OTHERS INTO PIECES... Wait and see 2020 what voters will do to npp..
A DECORATED DONKEY IS ALWAYS A DONKEY. GHANAIANS PLEASE BEWARE. 419!!!!!!!!!!!!!!