Graphic Online

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Extend operation to global market — Menzgold CEO

Mr Mensah (right) joining other dignateries to cut the tape to open the London branch of Menzgold
Mr Mensah (right) joining other dignateries to cut the tape to open the London branch of Menzgold

The Chief Executive Officer of Menzgold, Nana Appiah Mensah, has urged Ghanaian companies to extend their operations to the global market to woo foreign investors into the country.

He said most foreign investors had the intention to invest in the country but were faced with the challenge of getting the right partnership.

Mr Mensah made the statement when Menzgold opened its branch in the United Kingdom (UK) last Saturday.

The opening of the UK branch, according to him, was part of moves by the company to woo more investors into the gold business in the country.

“Ghana is one of the best countries on the continent where many investors are looking to invest. We need companies from the country to expand their operations to attract these investors,” he stated.

About the launch

The event brought together executives from business communities in Ghana, Kenya, Nigeria, South Africa and the UK.

There were also opportunities for businesses to discuss possible ways of enhancing trade facilitation among themselves.

Ghana’s economy

Mr Mensah said Ghana’s economy was more vital and conducive for investors to invest, adding that with the presence of Menzgold in London and Spain, the company was determined to bring the business spotlight on the country.

“The company is keen on delivering excellent services to its clients with the vision of not only serving the Ghanaian or African community but the global market,” he said.

The opening of its London branch, he noted, would give the Ghanaian firm the chance to tap into the huge general investment market in UK, while courting more customers from the African community in the diaspora.

Mr Mensah also said it was in line with the company’s plans of “going truly global which means we will not only be serving Ghanaians or Africans. We will be seeking to reach the wider business community.”

“London is one of the big business destinations for all the top companies in the world, and our decision to open an office here shows our desire to be among the top players in the world,” he stated.

Mr Mensah added that the opening of the UK branch would also reduce the prospect of potential investors travelling to Ghana to purchase gold while boosting the confidence of gold dealers, who were seeking trustworthy companies to trade with.