Ghana Politics Online
Friday, July 25, 2025
  • Home
    • All
    • Business
    • Media
    • Showbiz
    • Sports
    • Technology
    • World News
    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    We’ve added $2.14bn to reserves without external borrowing – Ato Forson

    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    Ghana Sees Signs of Recovery Under Mahama After Akufo-Addo Era of Inflation and Chaos

    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    13 Years On, Mahama Says Ghana Still Learns from Atta Mills’ Moral Compass

    13 Years On, Mahama Says Ghana Still Learns from Atta Mills’ Moral Compass

    They Deserved the Assault! – Public Fury as NPP’s Nana Akua Afriyie and Hawa Koomson Caught in Ablekuma North Rerun Chaos

    Two arrested over Ablekuma North rerun violence

    John Mahama and Opoku-Agyemang Will Restore Dignity to Ghana’s Presidency -Dr. Omane Boamah

    Omane Boamah Exposes Military Ammo Theft Amid National Security Concerns

  • Politics
    • All
    • CPP News
    • NDC News
    • NPP News
    NPP expands electoral college for presidential primary

    NPP wrestle evil, disunity & indiscipline at Legon

    Bawumia drowns Kennedy Agyapong, others at NPP Conference

    Bawumia drowns Kennedy Agyapong, others at NPP Conference

    Kojo Oppong Nkrumah Turns Watchdog After Backing Controversial $360m Loan Deal

    NPP Leaders Are More Motivated By Money than Service – Kojo Oppong Nkrumah

    NPP expands electoral college for presidential primary

    NPP Delegates approve 54 motions — Full List

    NPP Council in Breach: The constitution they vowed to uphold, they now undermine

    NPP confirms July 19 national delegates conference despite calls for postponement

    Ablekuma North rerun: NPP campaigns despite initial boycott

    Ablekuma North rerun: NPP campaigns despite initial boycott

    Thugs disrupt seventh attempt of recollation of Ablekuma North election results

    NPP’s Legal Tactics Fail, Yet Party Refuses to Contest Rerun

    Bawumia, NPP gurus commiserate with Ernest Kumi’s family

    Bawumia, NPP gurus commiserate with Ernest Kumi’s family

    Akwatia MP Ernest Kumi Reported Dead

    NPP mourns sudden death of Akwatia MP Ernest Kumi

    • NDC News
    • NPP News
    • CPP News
  • General News
    • Africa News
    • Science
    • Technology
    • World News
  • Sports
  • Showbiz
  • Business
  • Opinions
  • Lifestyle
  • Media
  • Health
No Result
View All Result
  • Home
    • All
    • Business
    • Media
    • Showbiz
    • Sports
    • Technology
    • World News
    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    We’ve added $2.14bn to reserves without external borrowing – Ato Forson

    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    Ghana Sees Signs of Recovery Under Mahama After Akufo-Addo Era of Inflation and Chaos

    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    13 Years On, Mahama Says Ghana Still Learns from Atta Mills’ Moral Compass

    13 Years On, Mahama Says Ghana Still Learns from Atta Mills’ Moral Compass

    They Deserved the Assault! – Public Fury as NPP’s Nana Akua Afriyie and Hawa Koomson Caught in Ablekuma North Rerun Chaos

    Two arrested over Ablekuma North rerun violence

    John Mahama and Opoku-Agyemang Will Restore Dignity to Ghana’s Presidency -Dr. Omane Boamah

    Omane Boamah Exposes Military Ammo Theft Amid National Security Concerns

  • Politics
    • All
    • CPP News
    • NDC News
    • NPP News
    NPP expands electoral college for presidential primary

    NPP wrestle evil, disunity & indiscipline at Legon

    Bawumia drowns Kennedy Agyapong, others at NPP Conference

    Bawumia drowns Kennedy Agyapong, others at NPP Conference

    Kojo Oppong Nkrumah Turns Watchdog After Backing Controversial $360m Loan Deal

    NPP Leaders Are More Motivated By Money than Service – Kojo Oppong Nkrumah

    NPP expands electoral college for presidential primary

    NPP Delegates approve 54 motions — Full List

    NPP Council in Breach: The constitution they vowed to uphold, they now undermine

    NPP confirms July 19 national delegates conference despite calls for postponement

    Ablekuma North rerun: NPP campaigns despite initial boycott

    Ablekuma North rerun: NPP campaigns despite initial boycott

    Thugs disrupt seventh attempt of recollation of Ablekuma North election results

    NPP’s Legal Tactics Fail, Yet Party Refuses to Contest Rerun

    Bawumia, NPP gurus commiserate with Ernest Kumi’s family

    Bawumia, NPP gurus commiserate with Ernest Kumi’s family

    Akwatia MP Ernest Kumi Reported Dead

    NPP mourns sudden death of Akwatia MP Ernest Kumi

    • NDC News
    • NPP News
    • CPP News
  • General News
    • Africa News
    • Science
    • Technology
    • World News
  • Sports
  • Showbiz
  • Business
  • Opinions
  • Lifestyle
  • Media
  • Health
No Result
View All Result
Ghana Politics Online
No Result
View All Result
  • Home
  • Politics
  • General News
  • Sports
  • Showbiz
  • Business
  • Opinions
  • Lifestyle
  • Media
  • Health
Home General News

Stakeholders massively endorse the establishment of the Ghana Gold Board

GhanaPoliticsOnline.com by GhanaPoliticsOnline.com
March 17, 2025
in General News
0
0
SHARES
13
VIEWS
Share on FacebookShare on Twitter

The forum was aimed at sensitizing the participants on the purpose, objects and functions of the soon to be established GOLDBOD while calling for their cooperation.

Players in the gold trading sector have massively endorsed the establishment of the Ghana Gold Board (GOLDBOD) and its stated objectives and indicated this will be a positive game changer to the economy and fiscal space.

The GOLDBOD aims to streamline the gold trading sector, and the stakeholders made up of gold buyers, jewelers, bullion traders, small scale miners, licensed gold exporters, banks, and commercial mining firms in the Western Region among others, believe it will yield maximum benefits for the country, particularly, in foreign exchange, stabilizing the Cedi, and accumulating more reserves.

– Advertisement –
At a forum organized by the Precious Minerals Mining Company (PMMC) in Tarkwa on Friday, March 14, 2025, the gold dealers expressed optimism about the GOLDBOD’s potential and urged the government to fast-track its establishment.

– Advertisement –
However, they cautioned the government to ensure to ensure fair representation of players in the gold trading sector on the governing board. They also called for the inclusion of traditional leaders and members from academia on the board.

Godwin Nickleson Amarh, General Secretary of the Ghana National Association of Small Scale Miners (GNASSM) and a member of the GOLDBOD Technical Committee told the gathering that much as they fully support the establishment of the GOLBOD, they are particularly, concerned about degraded lands. He assured that they would collaborate with the GOLDBOD to ensure that all degraded lands are restored.

RECOMMENDED :  Deputy IGP Yohuno directed police officers to disobey orders

He also allayed the fears of the small scale miners that there wouldn’t be fairness in the pricing of gold when the GOLDBOD is established and becomes operational. “GNASSM is fully represented on the Technical Committee of the GOLDBOD and will ensure that the pricing of gold is fair, competitive and at a commercial rate that aligns with the stringent London Bullion Market Association certification”, he stated.

Jonathan Ababio, representing the Jewelers Association, praised the provision in the draft legislation to retain a percentage of gold purchases and supply machinery to add value to their produce.

“We cannot continue to do things the way they are and expect different results. The retention of a percentage of gold purchases in the country and the provision of machinery by the government to enable us to add value to our produce will enable us to break into the international market and this is good news for us”, he noted.

Alhaji Dauda, a licensed gold buyer was, particularly, enthused about the allocation of US$279 million to the GOLDBOD as a revolving fund for gold purchases. He urged the government to ensure fair disbursement and timely releases of the funds. He also urged the government to ensure that gold is bought at a commercial rate.

“The government must let the money flow so that our work will go on. There shouldn’t be any liquidity challenges that will affect our operations. Let us all support the GOLDBOD to transform the gold trading sector”, he noted.

RECOMMENDED :  Ghana Faces Load Shedding as Minority Points to Questionable $800M Gas Deal

Kwaku Effah Esuahene from the Chamber of Bullion Traders Association noted that the GOLDBOD will help to determine the amount of forex that has hit the country’s accounts and urged stakeholders to support the government in preventing gold smugglers from taking over the sector.

Previous Post

Ofori-Atta will be declared wanted if he misses June 2 deadline – OSP warns

Next Post

Bawumia Would Have Secured 30% If 2024 Elections Were Held in August – Kyei-Mensah-Bonsu

GhanaPoliticsOnline.com

GhanaPoliticsOnline.com

Next Post
CHANGE YOUR CANDIDATE! – Kyei Mensah Bonsu Advises NPP

Bawumia Would Have Secured 30% If 2024 Elections Were Held in August – Kyei-Mensah-Bonsu

FROM - OTHER CATEGORIES

Select Category

    SUGGESTED - ARTICLES

    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    John Mahama’s Path to Recovery: COVID Levy Ends, Cedi Rebounds, Inflation Drops

    July 24, 2025
    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    We’ve added $2.14bn to reserves without external borrowing – Ato Forson

    July 24, 2025
    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    We inherited Cocoa sector with GHC32bn liabilities -Ato Forson

    July 24, 2025
    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    Ghana Sees Signs of Recovery Under Mahama After Akufo-Addo Era of Inflation and Chaos

    July 24, 2025
    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    July 24, 2025
    ADVERTISEMENT

    BROWSE - ARCHIVES

    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • October 2023
    • July 2023
    • February 2022
    • October 2015

    Latest Trending News

    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    John Mahama’s Path to Recovery: COVID Levy Ends, Cedi Rebounds, Inflation Drops

    by GhanaPoliticsOnline.com
    July 24, 2025
    0

    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    We’ve added $2.14bn to reserves without external borrowing – Ato Forson

    by GhanaPoliticsOnline.com
    July 24, 2025
    0

    Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

    We inherited Cocoa sector with GHC32bn liabilities -Ato Forson

    by GhanaPoliticsOnline.com
    July 24, 2025
    0

    Featured News

      • All
      • Featured

      John Mahama’s Path to Recovery: COVID Levy Ends, Cedi Rebounds, Inflation Drops

      We’ve added $2.14bn to reserves without external borrowing – Ato Forson

      We inherited Cocoa sector with GHC32bn liabilities -Ato Forson

      Ghana Sees Signs of Recovery Under Mahama After Akufo-Addo Era of Inflation and Chaos

      Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

      ‘Ghana Was a Crime Scene’ Under Akufo-Addo — Mahama’s Leadership Making a Difference, Says Finance Minister

      Dr. Omane Boamah to Launch Book Honouring Late President Atta Mills

      SHOWBIZ & POLITICS

        • All
        • Showbiz
        • Politics

        John Mahama’s Path to Recovery: COVID Levy Ends, Cedi Rebounds, Inflation Drops

        We’ve added $2.14bn to reserves without external borrowing – Ato Forson

        We inherited Cocoa sector with GHC32bn liabilities -Ato Forson

        Ghana Sees Signs of Recovery Under Mahama After Akufo-Addo Era of Inflation and Chaos

        Mahama’s Vision Fixing the Damage Left by Akufo-Addo’s Incompetence-Dr Cassiel Ato Forson

        ‘Ghana Was a Crime Scene’ Under Akufo-Addo — Mahama’s Leadership Making a Difference, Says Finance Minister

        • BBC News
        • CNN News
        • DW TV

        Ghana Politics Online – © Copyright 2024, All Rights Reserved.

        No Result
        View All Result
        • Home
        • Politics
          • NDC News
          • NPP News
          • CPP News
        • General News
          • Africa News
          • Science
          • Technology
          • World News
        • Sports
        • Showbiz
        • Business
        • Opinions
        • Lifestyle
        • Media
        • Health

        Ghana Politics Online – © Copyright 2024, All Rights Reserved.