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Home Featured

No more extensions after June 21 deadline – GoldBod warns unlicensed traders

GhanaPoliticsOnline.com by GhanaPoliticsOnline.com
June 5, 2025
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The Ghana Gold Board (GoldBod) has announced that individuals trading gold without a valid GoldBod licence after the June 21, 2025, deadline will face prosecution.

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Sammy Gyamfi, Chief Executive Officer of GoldBod, stated that there will be no further extensions for obtaining licences, following an earlier one-month extension from May 21 to June 21, 2025.

Speaking at a meeting with the Chamber of Licensed Gold Buyers, Gyamfi urged the group to support the government’s push for full compliance.

“We should be able to sustain this for the betterment of our people. We are not going to relent on that and anybody who becomes a standing block will be dealt with in accordance with the laws of Ghana. So, kindly encourage your members to play by the rules; apply for a licence, then you can trade in gold,” he stated

Kwaku Amoah, CEO of the Chamber of Licensed Gold Buyers, pledged the group’s support in sanitising the gold trade sector, urging members to register promptly.

“This is the second time we have had an extension. For us, as a chamber, our advocacy goes again on behalf of the Goldbod. We are in to encourage them to drive that force and urge all the members to register on or before June 21, 2025.

 

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