The Power Of Money!! Zylofon Media Acquires Royal Richester Hotel

Barely a month since we broke news on the acquisition of a Gulfstream Aerospace G-IV private jet estimated at $41 million by CEO of Zylofon Media and Menzgold,Nana Appiah Mensah, the business mogul has added to his list of properties another one and that’s the Royal Richester Hotel.

According to reliable information available to, Nana Appiah Mensah acquired the property months before the private jet.

The property situated at East Legon will lose its status as a 3-star hotel as reconstruction has already commenced.

The facility is currently under construction and would have an ultra-modern and multipurpose event centre. This according to deep-throated sources will in the long run create a new event centre for event organizers and many others who have always had to rely on the National Theatre or the Accra International Conference Centre.

The site will also serve as home to its radio station Zylofon 102.1fm and its Zylofon Tv.