President John Mahama has disclosed that the establishment of the Ghana Gold Board (GoldBod) has sanitised the gold trading and export business, raking in $2.7 billion in the short span of its operations. He added that the GoldBod has also strengthened the oversight responsibility in the export of the preciousContinue Reading
The Ghana Union of Traders’ Associations (GUTA) says the recent appreciation of the cedi is being driven in part by a sharp reduction in demand for foreign currency among its members. According to Charles Kusi Appiah, Head of Business and Economic Bureau of GUTA, traders are now abandoning the dollarContinue Reading
Data released by the Ghana Gold Board (GoldBod) points to increased gold exports and receipts in recent months. Weighted against trade volumes and revenues of the first quarters of 2023 and 2024, volumes and values for the first Quarter of 2025 recorded manifold increases, with the trend pointing to anContinue Reading
President John Dramani Mahama has reassured that the setting up of GoldBod and the passage of its establishing act will ensure that Ghana’s mining sector is streamlined. It will also enable the country to derive more value for money from gold exports, he said. In a video time-lining the beginningsContinue Reading
The GoldBod Bill, which has sparked significant political debate in the country, was subjected to a thorough and consultative legislative process, contrary to claims that it was hastily passed, says Sammy Gyamfi, Acting Managing Director of the Precious Minerals Marketing Company (PMMC). Sammy Gyamfi, who has been tasked by PresidentContinue Reading
Governor of the Bank of Ghana (BoG) Dr Johnson Asiama has announced that the central bank will be represented on the board of the Gold Board. He says that the BoG will definitely be part of the Goldbod initiative introduced by the Mahama administration. Answering questions during the 123rd MonetaryContinue Reading