Audio By Carbonatix
Embattled gold dealership firm, Menzgold Ghana Limited, has asked its staff to proceed on leave effective Monday, December 10.
The company said it arrived at the decision as a result of unceasing threats to its properties as well as staff of the company.
Read: Under-fire Menzgold boss urges calm, “we’ll pay you”
In a statement dated December 4, the gold dealership firm said the staff should return to work on December 20 “when all outstanding entitlements, including end of year packages, shall be fully disbursed”.
“All branch managers are hence transferred temporarily to the head office; Dzorwulu, Accra, effective Monday, December 10, 2018,” the statement said.
It added that all staff should remain calm and be assured that Menzgold shall endeavour to assure their job security.
Read: Focus on failed banks, leave us alone - Menzgold CEO mocks BoG
I’m sorry BoG; Menzgold boss eats humble pie
Online trading
The statement added that it has been advised by the authorities to halt its online trading [just as the offline one] to enable the authorities to assess the system and present a final say to the public and the company.
Read: SEC orders Menzgold to shut down trading immediately

CEO of Menzgold, Nana Appiah Mensah
“To this end all the 5% migration fees received shall be reimbursed fully to customers from Monday, December 10 to Friday, December 15, 2018,” the statement added.
According to the statement, the date of their end of year durbar will be communicated to the staff where the Chief Executive, Nana Appiah Mensah, will address the staff.
Latest Stories
-
Be patient, your turn will come – John Jinapor to Savannah region
23 minutes -
Gender Ministry calls for stronger families to improve child well-being
42 minutes -
Neglect of sustainable agriculture could trigger food crises in Ghana – UN warnsÂ
1 hour -
NHIA pays over GH¢157m in claims to health facilities
1 hour -
GES assures placement for all qualified 2026 BECE candidates
1 hour -
UPSA partners Multimedia Group to promote student entrepreneurship and business leadership
2 hours -
New outbreak of Ebola kills 65 in eastern DR Congo
2 hours -
Three foreign nationals arrested over illegal mining on Tano River
2 hours -
2026 FAIC Conference adopts 3 strategic resolutions to boost built environment
2 hours -
US law enforcement agencies tight-lipped on offences behind Asante Akim North MP’s detention
2 hours -
Makola traders to petition President Mahama over proposed relocation
2 hours -
Wontumi trial: Defence witness says verbal mining deals have no legal standing
2 hours -
Supreme Court gives Attorney-General seven days to respond in KIA renaming case
2 hours -
Bullet reveals $100,000 payment of royalties to Ebony’s father
3 hours -
NAIMOS destroys illegal mining equipment on Butre River
3 hours