I Invested At Menzgold – Kumi Guitar

Highlife musician, Kumi Guitar has revealed he is a client of gold dealership company,

Menzgold Ghana Limited.

Menzgold is a sister company of Zylofon Music, a record label Kumi is signed onto.

The Security and Exchange Commission (SEC) ordered the company to halt its

operations about two months ago.

According to SEC, the company did not have the requisite license to deal in the purchase

and deposit of gold collectibles from the public and issue contracts with guaranteed

returns with clients.

The investments of the customers have since been locked up following the suspension

of the company’s gold vault market services since Thursday, September 13, 2018.

Most of the artistes signed onto Zylofon music have since come out to urge clients of

the Gold firm not to worry about their investments because they are still intact.

Kumi Guitar speaking on the issue said, just like the over a million frustrated clients

of the company whose funds are locked up, he wished the company commenced

its operations so all clients could get their dividends from investing in the company.

Kumi Guitar made this known during an interview with Agyemang Prempeh, host

of Power Entertainment on Power 97.9 FM on Saturday,

“I have invested there…I wish this storm is over so the business continues,”  he admitted.

Nonetheless, the ‘Betweener’ hitmaker would not disclose the amount he invested in his boss’ company.

Kumi Guitar has over the years endeared himself to Ghanaians both home and in the

diaspora with his creativity that comes to play in his songs.

Read:https://www.ghafla.co.ke/gh/jospong-group-companies-take-metro-tv/

Nana Yaw Kumi is his name outside showbiz and is the composer of the popular

‘Break into two’ track.

He is also credited with other songs like ‘Kokonsa’, ‘Brown Sugar’, ‘Problems’, and

‘victims’ which he dedicated to the victims of the Atomic gas explosion in 2017.

Kumi Guitar is expected to release his debut album in December this year which has

a song he did with his label mate and dancehall act, Shatta Wale.