GoldBod engages small-scale miners in Kumasi to advance gold trading reforms
The Ghana Gold Board has held a stakeholder forum in Kumasi with small-scale miners as part of efforts to advance reforms in the gold trading sector.
At the meeting, the Chief Executive Officer of GoldBod, Sammy Gyamfi, outlined progress made so far, highlighted key challenges, and gathered feedback from stakeholders to inform the implementation of ongoing reforms.
A major focus of the engagement was the planned rollout of District Gold Buying Centres, an initiative aimed at improving access to structured gold markets for small-scale miners.
According to Mr Gyamfi, the centres are expected to enhance transparency in gold transactions, curb smuggling and underpricing, and ensure that miners receive fair value for their produce.
He noted that small-scale mining continues to contribute significantly to Ghana’s foreign exchange earnings, generating billions in revenue, and stressed the need to protect these gains through formalisation and effective regulation.
The CEO emphasised that the reforms are designed to build a more accountable, inclusive and resilient gold sector.
Participants at the forum were encouraged to actively contribute ideas and support the reforms to ensure their success.
GoldBod reaffirmed its commitment to working closely with miners and other stakeholders to strengthen the sector and promote sustainable growth.
Source: Classfmonline.com/Cecil MENSAH
Trending Business

Bank of Ghana reduces policy rate by 150 basis points to 14%
16:23
Insurance brokers to converge in Kwahu for 2026 ACE Programme
08:51
Gov't intensifies preparations for World Shea Expo
07:03
CBG donates to Ghana Medical Trust Fund to support healthcare delivery
06:11
Govt invests in West Africa Centre for crop improvement to enhance Tomato production
14:55
GoldBod engages small-scale miners in Kumasi to advance gold trading reforms
10:14
GFL raises alarm over Ghana’s dependence on imported food
08:31
Minority demands immediate enforcement of Ghana Shippers Authority Act over rising shipping charges
14:56
Investor demand falls in latest Ghana Treasury Bills auction
01:15
GOLDBOD wins top honours at PELT Awards, crowned State-Owned Enterprise of the Year
13:37



