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Pay Gold Coast/Blackshield customers – PPP appeals to govt

The Progressive People’s Party (PPP) has appealed to the Government and the Securities and Exchange Commission (SEC) to pay all affected customers of the...
Blackshield Customers

Paa Kwesi Nduom’s Blackshield customers arrested over demo

Three members of the defunct Blackshield Fund Management Company (FMC) have been arrested for protesting at the Ministry of Finance's premises. The group, numbering...
Chairman of the Public Accounts Committee, Dr James Klutse Avedzie

This is how much gov’t needs to settle customers of defunct fund management firms

The Director General of the Securities and Exchange Commission (SEC), Dr. James Klutse Avedzi, has revealed that the government requires GH₵4.3 billion to fully...

This is how SEC will share govt’s GH¢1.5 billion to affected investors

Government has approved the release of GH¢1.5 billion to bail out affected investors of defunct fund management companies, the Securities and Exchange Commission (SEC)...
Former Minister for Finance Dr Mohammed Amin Adam

GH¢700m processed to pay locked up funds of customers – Finance Minister

Finance Minister, Dr. Mohammed Amin Adam has announced that the government has approved GH¢700 million to be paid to customers of fund management companies...
Image Source: Myjoyonline

BoG justifies revocation of GN Bank’s license

The Bank of Ghana (BOG) has justified its decision to revoke the license of GN Bank in 2019, citing significant regulatory breaches. In a lengthy...

SEC sends important message to Gold Coast customers

The Securities and Exchange Commission (SEC) has pointed out that the Ministry of Finance cannot be blamed for the delay in payment of bailout...

Groupe Nduom wins GH¢174 million judgement

The Commercial Division of an Accra High Court On Thursday 15, July 2021, presided over by Justice Shiela Minta ordered Health Network Company (Healthnet)...

Customer of defunct Gold Coast goes for bailout package despite lawsuit in Ghana and...

A lawsuit filed against Gold Coast Fund Management Ltd. (Blackshield Capital Management) has taken an unusual twist as the plaintiff, who is a former...
A Plus

A Plus sends message to Gold Coast, Menzgold customers over Akufo-Addo’s re-election

Leader of The Peoples Project (TPP) Kwame A Plus has asked Ghanaians who have their monies with Blackshield Capital Management Limited which was formerly...

Good news for customers of defunct fund management firms

The government has approved partial payment to all customers whose funds have been locked-up in the various defunct fund management companies. The customers are expected...
jail arrest

Clients of collapsed fund managers arrested for picketing at Finance Ministry

The spokesperson of the Coalition of Aggrieved Customers of the 53 Collapsed Fund Management Companies, Charles Nyame and one other person have been arrested...

SEC giving unnecessary excuses for not paying customers – PRO for collapsed fund managers

Public Relations Officer (PRO) for the collapsed 53 investment firms, Charles Nyamah, has said the Security and Exchange Commission (SEC), is unwilling to pay...

Video: EOCO, CID to pursue 21 fund managers – SEC

Deputy Director of the Securities and Exchange Commission (SEC) has told JoyNews that security operatives are pursuing some 21 fund managers who are believed to have escaped...

Revocation of Gold Coast Securities, others’ licenses: SEC starts process to pay customers

Following the revocation of the licenses of Gold Coast Securities and other securities institutions' licenses, the Securities and Exchange Commission (SEC) says will begin...

Audio: SEC rushed – Gold Coast Fund Management customers fume

The Coalition of Aggrieved Customers of Gold Coast Fund Management, now Blackshield Capital Management is not happy about the decision by Securities and Exchange...

Licence revocation: Nduom reacts

Group Nduom, majority shareholders of Blackshield Capital Management (formerly Gold Coast Fund Management) has expressed disappointment at the revocation of the company’s licence. Hours ...

Nduom, one other resign as directors of Gold Coast Brokerage

Gold Coast Brokerage has announced the resignation of Dr Papa Kwesi Nduom and Patrick Kobina Anumel from the board of the company. The company has...