General News
GoldBod now sole buyer, seller, assayer and exporter of all gold produced by artisanal, small-scale miners in Ghana

The GoldBod is currently, the sole buyer, seller, assayer and exporter of all gold produced by the licensed Artisanal and Small-Scale Mining (ASM) sector in Ghana, it has been announced.
In a press statement dated April 14, 2025 and issued by the new GoldBod on Monday afternoon, it said “all licenses issued by the Precious Minerals Marketing Company (PMMC) and/or the Minister responsible for Mines to a person other than a large scale mining company to deal in gold, have ceased to be valid”, following the passage of the Ghana Gold Board Act (Act 1140).
“…Pursuant to the Ghana Gold Board Act (ACT 1140), 2025, passed by Parliament on 29th March, 2025 and assented to by the President of the Republic on 2nd April 2025, all licenses issued by the Precious Minerals Marketing Company (PMMC) and/or the Minister responsible for Mines to a person other than a large scale mining company to deal in gold, have ceased to be valid,” it stated.
This means that no person other than the Ghana Gold Board (GoldBod), is permitted to export Artisanal and Small-Scale Mining (ASM) gold from Ghana.
Also, no person other than the GoldBod or a licensed buyer or aggregator or service provider of the GoldBod, is permitted to purchase or deal in gold in Ghana, it added.
It was explained that to ensure a smooth transition and respect for existing contractual obligations between licensed gold buyers and their off-takers, the Ghana Gold Board has resolved to allow for gold purchases and exports by persons holding appropriate licenses issued to them by the PMMC and/or the Minister Responsible for Mines until April 30, 2025.
For the time being, all licensed persons or entities buying gold from the local market, must do so in Ghana cedis and at a price calculated based on the Bank of Ghana Reference Rate it stated.
Attached below is a full copy of the press statement
PRESS STATEMENT
14TH APRIL, 2025
-
The general public is respectfully informed, that pursuant to the Ghana Gold Board Act (ACT 1140), 2025, passed by Parliament on 29th March, 2025 and assented to by the President of the Republic on 2nd April 2025, all licenses issued by the Precious Minerals Marketing Company (PMMC) and/or the Minister responsible for Mines to a person other than a large scale mining company to deal in gold, have ceased to be valid.
-
The GoldBod is currently, the sole buyer, seller, assayer and exporter of all gold produced by the licensed Artisanal and Small-Scale Mining (ASM) sector.
-
As such, no person other than the Ghana Gold Board (GoldBod), is permitted to export ASM gold from Ghana. Also, no person other than the GoldBod or a licensed buyer or aggregator or service provider of the GoldBod, is permitted to purchase or deal in gold in the country.
-
However, to ensure a smooth transition and respect for existing contractual obligations between licensed gold buyers and their off-takers, the Ghana Gold Board has resolved to allow for gold purchases and exports by persons holding appropriate licenses issued to them by the PMMC and/or the Minister Responsible for Mines until 30th April, 2025.
-
For the time being, all licensed persons or entities buying gold from the local market, must do so in Ghana cedis and at a price calculated based on the Bank of Ghana Reference Rate published on www.bog.gov.gh.
-
Any Ghanaian or a fully-owned Ghanaian company whose license has ceased to be valid and/or any Ghanaian who is desirous of dealing in gold, is encouraged to apply for a license under the Ghana Gold Board Act (ACT 1140), 2025 effective, Tuesday, 22nd April, 2025.
-
An application for a GoldBod license may be done online, via the website of the GoldBod (to be activated and published on the effective date for license applications, 22nd April, 2025) or physically at the GoldBod Licensing and Regulations office located at our head office in Accra.
-
All foreigners are hereby notified to exit the local gold trading market not later than 30th April, 2025. A foreigner may however apply to the GoldBod to buy or off-take gold directly from the GoldBod.
-
It is worthy of note, that it shall constitute a punishable offense for a person to purchase or deal in gold in the country without a license issued by the Ghana
Gold Board, effective 1st May, 2025.
Thank you.
SIGNED.
Prince Kwame Minkah
(Media Relations Officer, GoldBod)
Source: Graphic Online
General News
Media Responsibility in Digital Age: Mahama calls for Accountability in new Media Landscape

President John Dramani Mahama has emphasised the critical need for media regulation in the era of social media during a recent presidential media encounter. He said, the world is moving from traditional media to new media platforms like TikTok, Facebook, and X, highlighting the transformative shift in information dissemination.
The President warned about the potential dangers of unregulated digital communication, noting that “anybody with a phone and a camera can now report news or comment on national issues.” He stressed the importance of holding these new content creators accountable to prevent potential social conflicts.
He said, if the government don’t regulate that sector, it can lead this nation to war, pointing to specific instances where inflammatory social media content has fuelled tensions, such as in the Bawku situation and Gonja conflicts.
While acknowledging the removal of criminal libel laws, Mahama underscored that legal mechanisms still exist to address harmful content, particularly hate speech and incitement to violence on digital platforms.
The call for responsible digital communication comes as a critical intervention to maintain social harmony and prevent the misuse of communication technologies.
General News
Kojo Preko Dankwa Challenges Mahama on Galamsey; President Insists Emergency Powers Not Needed Yet

President John Dramani Mahama has dismissed calls for the declaration of a state of emergency in the fight against illegal mining, popularly known as galamsey, despite growing concerns over its impact on water supply.
The debate comes on the back of a proposed 280% increase in water tariffs by the Ghana Water Company Limited (GWCL), which partly attributes the hike to the rising cost of treating water polluted by illegal mining activities.
During a public engagement, a participant asked the President whether the government would consider invoking a state of emergency to address the menace.
Responding, President Mahama said his administration was not yet prepared to take such a drastic step. He explained that existing laws already give security agencies and regulators enough authority to arrest offenders, seize equipment, and enforce forest protection measures without resorting to extraordinary powers.
“I’ve been reluctant to implement a state of emergency in the galamsey fight because we’ve not exhausted the powers we already have,” the President stated. “Implementing a state of emergency might sound nice, but it should be the last resort.”
He further noted that declaring a state of emergency would require parliamentary approval and could only last for a limited duration, making it a complex measure to apply effectively.
“The areas where galamsey is taking place cover several districts of our country. If we were to declare a state of emergency, we would need to delineate those areas clearly. For now, I believe we have given the security services enough powers to deal with those involved,” Mahama added.
Illegal mining has long plagued Ghana, contaminating rivers, destroying farmlands, and threatening sustainable access to potable water. While government crackdowns have intensified in recent years, the practice remains widespread, putting pressure on the country’s water resources and prompting difficult policy choices.
General News
Agri-Impact CEO Warns: Agriculture Budget Too Small to Drive Ghana’s Economic Transformation

The Chief Executive Officer (CEO) of Agri-Impact Group, Daniel Acquaye, has criticized the government’s allocation to the agriculture sector in the 2025 budget, describing it as inadequate to drive the country’s economic transformation.
Speaking at the PwC post-budget digest in Accra, Mr. Acquaye said only GH¢1.5 billion (about $100 million), representing 0.54 percent of the GH¢279 billion national budget, was set aside for agriculture. He stressed that this amount was insufficient, noting that achieving rice self-sufficiency alone would require over $100 million—equivalent to the entire agricultural allocation.
He warned that the underfunding contradicted government’s stated objective of making agriculture the backbone of economic growth.
Mr. Acquaye urged government to establish an Agriculture Fund, similar to the Ghana Education Trust Fund (GETFund), to guarantee sustainable financing for the sector. According to him, while education produces skilled labour, there is little investment in industries such as agriculture that can employ those graduates. Proper funding, he argued, would tackle youth unemployment, boost food security, and stimulate rural economies.
“A billion dollars from agriculture creates more jobs and opportunities than the same amount from oil or mining,” Mr. Acquaye emphasized.
The call aligns with the Malabo Declaration under the Comprehensive African Agricultural Development Programme (CAADP), where African Union members—including Ghana—committed to allocating at least 10 percent of national budgets to agriculture and achieving six percent annual growth in the sector.
Meanwhile, PwC Ghana’s Senior Country Partner, Vish Ashiagbor, noted that although the agriculture allocation looked small, complementary projects such as the GH¢10 billion “Big Push” for infrastructure and planned agri-zones could indirectly support the sector. He described the 2025 budget as a “good start,” but cautioned that effective implementation would be key to realizing its intentions.
On the increase in the Growth and Sustainability Levy to three percent, Mr. Ashiagbor expressed concern that sudden tax hikes could destabilize mining companies’ long-term planning, though he acknowledged government’s pressing need to raise revenue in a tight fiscal space.
Both speakers agreed that while the budget signaled intent, a stronger focus on execution and sustainable sector-specific funding was crucial to unlocking agriculture’s full potential in Ghana’s economy.
-
Entertainment1 week ago
Mrs. Susan Abena Preko Dankwa Resigns as Human Resources Manager of Top Media Group
-
General News1 week ago
Mahama Unveils Policy to End $15m Annual Rent for Ghana’s Missions Abroad
-
Technology2 weeks ago
GCB Bank Proposes Direct Payment Framework for Ghanaian TikTok Creators
-
Entertainment2 weeks ago
[EDITORIAL] How Shatta Wale Redefined the Value of Artistes Performance Fees
-
Entertainment2 weeks ago
Raf Able sets the tone for Gratitude with Artwork Release for his Forthcoming Single ‘MEDAWASE’
-
Politics2 weeks ago
Chief Justice has Lost Everything” – Yaw Anokye Frimpong Laments Pension Wipeout
-
Sports2 weeks ago
Thomas Partey to Face Court on Rape Charges After Villarreal’s Champions League Clash With Tottenham
-
General News2 weeks ago
IGP Hails Peaceful Akwatia By-Election as Model for Ghana’s Future Polls