Menzgold to resume payment of dividends Friday Sep 28

Menzgold Ghana Limited has announced that effective Friday September 28, it will re-start the payment of dividends accrued on the gold trade business to its customers.

Making that announcement at a press briefing Thursday evening, the Chief Executive Officer (CEO) of the company, Nana Yaw Osei, said the payment schedule would be based on the maturity period of the investments made by the customers, explaining that, it would be on first matured, first served basis.

He, however, added that customers who invested in the gold trade business from September 12 till Thursday, September 27 when the business was forcefully shut by the Securities and Exchange Commission (SEC) will not get any form of returns.

More to follow...