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Menzgold Ghana Refutes Shutting Down Speculations.

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Following the leaked letter to Menzgold Ghana to shut down its operations, the organization has responded with a press release and expressed outmost disappointment in the Securities and Exchange Commission for leaking such confidential letter to the general public.

It winded up by stating the organization have referred the matter to their lawyers and will seek legal redress appropriately.

Clients of Menzgold are hereby admonished to keep calm as management addresses pending issues.

Below is the full press statement from Menzgold Ghana.

Business

Meet Godwin Kofi; The Barber With A Degree.

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With the dream of becoming a successful entrepreneur from childhood, Godwin Kofi, a young boy from Asesewa saw himself through school giving his peers exquisite haircuts for favours and has now graduated successfully with a degree in Administration from the University Of Professional Studies.

The 2018 batch of graduates from the University Of Professional Studies maybe a lot, but the barber with a degree even among the thousands couldn’t go unnoticed.

In an interview with Bernard Avle on Citi FM, he narrated how he meanders his way through school; from Senior High school to the University and life after University.

“After Junior High School, my Dad helped me opened up a space to space shop from which I raised money to pay my Senior High School fees at the Akuamuman Senior High School. In school, I was giving my colleagues haircuts all throughout till I graduated. Unfortunately for me, Dad was overburdened as my other siblings’ were also in school so I had to stay at home for a year before going to the University. During that period I was going from house to house to give people haircuts for free till a friend hooked me up with someone who helped open a shop for me at Asesewa to take care of the people who always had to travel to the Regional capital Koforidua to get haircuts. My first task was to impress them and to stop them from travelling to get a cut. At the time I was charging GHC 2.50 per cut.” Shared by Godwin Kofi; The barber with a degree.

On his ordeal at UPSA, he shared how hard-hitting it was to joggle between school and barbering, but was left with no choice than to simultaneously find a balance between the two.

“At UPSA I was perching my friends and giving them haircuts till I was able to get a place where I now work and make money, I have studied Administration, I’m a good barber and a cook. I really don’t need a job from anyone as I have already created the needed avenue for making money. Setting up a business around it is my focus.”

The barber with a degree as he is referred to by his friends is the last born of four who hails from Asesewa, a small township in the Eastern Region of Ghana and was born to the Kofi family. He started off with his basic education at Ebenezer Preparatory School and furthered to Akwamuman Senior High School then to the University Of Professional Studies, Accra.

He currently works with Nate the barbers place at East Legon. To get close and personal, you can follow him on Twitter; @degreebarber, Fcaebook; Reflect Out and on Instagram @reflect_out.

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Business

The Customer Choice Awards Nominees Officially Announced At Private Reception.

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The inaugural Customer Choice Awards which will recognize and celebrate businesses and organizations that provide outstanding customer experiences hosted a launch reception on the 14th of September at the African Regent Hotel to officially announce its categories and nominees.

The reception featured a live performance by singer, Raquel and was hosted by award-winning sports journalist Nathaniel “Citizen” Attoh who declared the nominees in each of the 20 categories before an audience of business stakeholders, special guests, select media, and nominees of the awards ceremony including representatives from Zaina Lodge, Accra City Hotel, Puma Energy, GN Bank, Access Bank and Barclays Bank.

The Customer Choice Awards producer, Etornam James Flolu provided details of the award ceremony which will be held in January 2019, prize incentives for voters and introduced the mobile app, Speakupp, a technology platform that will be used to tally votes and encourage consumer participation. The presentation was followed by a networking cocktail on the rooftop terrace.

“At Eltor Consult, we have a guiding principle that the opinion of the customer rules. We launched the Customer Choice Awards to improve customer service delivery in the private and public sector and ultimately give the customer a voice. Our mission is to make more business owners as well as consumers aware of the importance of customer experience on the success and development of our businesses and ultimately the development of our nation,” shared Flolu, the Founder and CEO of Eltor Consult, a customer service training and advocacy outfit.

Etornam James Flolu

The awards categories cut across a wide section of industries that maintain customer experiences from banks to hospitals, telcos, grooming salons, and local eateries. Voting opened after the launch and the public has the opportunity to choose their preferred personality and organization as well as share both positive and negative experiences with the use of the Speakupp App. Voting is possible by USSD, web or mobile app and will end in December and winners will be awarded at a ceremony in January. The Speakupp app may be downloaded on the Google Play store or Apple Store.

To encourage the public to participate in voting and sharing their voices, incentives in the form of weekly prizes and gift certificates to some of the nominated establishments will be given as prizes. High participating voters will ultimately stand a chance to win an educational scholarship or an all-expense paid trip to any African country of choice or Dubai.

See the Full List of Nominees and Categories

Customer’s Telcos of the Year

  • MTN
  • AirtelTigo
  • Vodafone
  • Glo

Customer’s Bank of the Year

  • GCB Bank
  • Barclays Bank
  • Stanbic Bank
  • Zenith Bank
  • Cal Bank
  • Republic Bank
  • FBN Bank
  • UBA   Bank
  • Fidelity Bank
  • GN Bank
  • Access Bank
  • EcoBank
  • Standard Chartered Bank
  • Prudential Bank
  • GT Bank
  • UMB Bank
  • First Atlantic Bank

Customer’s OMC of the Year

  • Shell
  • Total
  • Goil
  • Allied Oil
  • Engen
  • Sel Energy
  • Puma Energy

Customer’s Waakye Joint of the Year

  • Atomic Waakye
  • Aunti Muni
  • Waakye Guy Guy
  • Haija Adiza
  • Tunga Waakye

Fans Artiste of the Year

  • Shatta Wale
  • Stonebwoy
  • Fancy Gadam
  • Sakordie
  • Efya
  • King Promise
  • Kwame Eugene
  • Patapaa
  • Mr.Eazi
  • Becca
  • Adina
  • Mzzvee
  • Joe Mettle
  • Sonnie Badu
  • Kwesi Arthur
  • Wiyala
  • Kidi

Customer’s Hotel of the Year

  • Fiesta Royale
  • Aqua Safari
  • Volta Serene
  • Kempinski
  • Holiday Inn
  • Peduase Resort
  • La palm
  • Labadi
  • Golden Tulip
  • Sky Plus
  • Zaina Lodge
  • Lou Moon Lodge
  • Coconut Grove
  • Elmina Beach
  • Busia Beach
  • Mensvic
  • Tomreik
  • Movenpick
  • African Regent Hotel
  • Royal Senchi
  • Accra City Hotel

Customer’s Shopping Mart of the Year

  • Shoprite
  • Game
  • Melcom
  • CityDia
  • Maxmart
  • Koala
  • Yoo Mart
  • Palace Mall

Customer’s Continental Food Joint of the Year

  • KFC
  • Papaye
  • StarBites
  • Vidae Café
  • Koffee Lounge
  • Enda
  • Imperial Perking
  • Barcelos
  • Basilisa
  • Chicken Republic
  • Sizzler
  • DNR Turkish Restaurant

Customer’s Pizza Joint of the Year

  • Papa’s Pizza
  • Eddie Pizza
  • Pizza Inn
  • Slices and Toppings
  • Pizza Hut

Customer’s Pub of the Year

  • Epo’s
  • Honey Suckle
  • BloomBar
  • CelsBridge
  • Chase
  • Kona Bar
  • Kiki Bees
  • BriefCase
  • Purple Pub

Nathaniel Attoh

Raquel

Watch a recap of everything that happened at the event below.

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Business

Caroline Esinam Adzogble Partners Webster University To Give 20 More Scholarships Under Her Caroline Excellence Awards

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Caroline Esinam Adzogble has welcomed the first Ghanaian based University to her Caroline Excellence Awards. Webster University Ghana, one of the nation’s top universities has just been announced as the first and only Ghanaian based university to join the Caroline Excellence Awards scheme for the 2018/19 phase. Webster is an American University with a campus branch in Ghana and joins the likes of The American University of Malta, Brunel University, National College of Ireland, Middlesex University and the University of Nicosia. This bring to 120 the total number of students to receive the Scholarship under the Excellence Awards.

The Caroline Excellence Awards, according to a press statement, is committed to awarding $1M worth of partial and full scholarships to 100 brilliant but needy African students each year. The Awards scheme is an initiative of Ms. Caroline Esinam Adzogble under her Mercy Heart Foundation.

The Caroline Excellence Awards will be awarded to meritorious students in Africa who have demonstrated a strong academic track record but have no financial backing to further their education at tertiary level.

Scholarships can be redeemed for Spring, Summer and Fall enrollment seasons each year and are open to final year Senior High School students and high school graduates only.

Although students from all African countries can apply, priority will be given to Students based in Ghana, Nigeria, Kenya, Tanzania, Uganda, Rwanda, Ethiopia, Zimbabwe, Senegal and Togo.

Applications are open from now till December 20th, and can only be submitted through the “Admission in 30minutes” App available on the Google Play Store and Apple App Store or through the website at https://admissionin30minutes.com/caroline-excellence-awards

Winners will be announced on January 13, 2019, and Caroline will embark on a tour commencing on January 21, 2019, to award all 100 recipients in their various countries. However early decisions will be made and winners announced for entries available for the Spring opening.

“I am extremely excited to have Webster join our distinguished list of Partners who are committed to seeing equitable distribution of quality education across the continent. The last one week has seen over 2000 applicants and that really excites us. We strongly believe that the addition of Webster will go a long way to prove our dedication to our cause and our believe in institutions on the continent as well. I am still on the quest to uplift education in Africa” an excited Caroline remarked.

 

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Menzgold To Shut Down Some of Its Operations?

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The Securities and Exchange Commission has directed gold trading firm Menzgold Ghana Limited to shut down their operations with immediate effect. 

The letter which was addressed to Nana Appiah Mensah by the SEC states that the bank should shut down for contravening the Securities Industry Act, 2016 (Act 929).

This follows investigations conducted by the regulator SEC, which found out that Menzgold’s business which involves the purchase/deposit of gold from the public and contracts issued with guaranteed returns with clients is a capital market activity which cannot be conducted without a valid license issued by the SEC.

 Menzgold in the past month was in a heated back and forth with the bank of Ghana with respect to the deposits and paying of returns on such deposits of which Nana Appiah had to apologize for and state clearly that the matter is being resolved amicably.

By this letter, they are being prevented from trading in Gold as deposits and and paying returns on such deposits but any other dealings in Gold the organization is allowed.

We will follow and bring you up to speed with new developments. 

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