Zylofon Media, the once richest entertainment company in Ghana seems to be going broke after its sister company Menzgold Ghana, which is believed to be the major source of income for the Zylofon Media CEO Nana Appiah Mensah, started jumping one hurdle after the other when the Securities and Exchanges Commissions (SEC) and Bank of Ghana (BoG) ‘poked’ their noses into the operations of the gold dealing firm.
Uniiq FM Breakfast Drive, the ‘taxi driver’ show host on Zylofon FM, Blakk Rasta, revealed that they have not been paid for four months, which he described as challenges that the media house is facing.
“It is not a secret anymore. For about four months now none of us have been paid any money. We have not been paid because of issues. I won’t say crises but I will call it challenges.
Blakk Rasta also noted that though Menzgold is not Zylofon Media it has been the “cash cow” to the media house, therefore, will want to remain faithful and loyal.
“Menzgold was the cash cow. All the artistes were feeding off Menzgold and at a point, everybody wanted to be a part of Zylofon Media. The Akan people have a saying that, ‘when the elephant falls even the ant can slap it’. The elephant has fallen and all arms are slapping all over the place. We just want to remain faithful and loyal and believe that the Most High is going to bring peace.” He concluded.