Also known as: GoldBod · Ghana GoldBod · GoldBoard
Ghana Gold Board — state institution that finances gold trading, funds infrastructure projects, and regulates licensed gold buyers; recently generated $15 billion in forex inflows.
Verbatim sentences from the source article.
The Chronicle
… Several other measures we are introducing should see private sector credit at higher levels.” GoldBod reforms Dr Asiama also disclosed that discussions were ongoing regarding a new financing framework for the Ghana Gold Board (GoldBod), following the Bank of Ghana’s decision to s …
BoG Endorses COCOBOD’s Local Market Financing PolicyJoy Online
… gold accumulation strategy, saying, “We cannot continue… reducing reserves of this Republic, while at the backend, we’re just buying gold, whose sources are questionable for this enterprise.” However, he commended the Bank of Ghana for ending its financing of the Ghana Gold Board …
Oppong Nkrumah wants Finance Minister to explain $1.2bn decline in Ghana’s reservesJoy Online
The Ghana Gold Board (GoldBod) has introduced a new trade financing framework for Tier 2 Licensed Gold Buyers aimed at strengthening accountability, improving risk management and enhancing the administration of funds under its Gold Purchase Financing Programme. …
GoldBod introduces new trade financing rules for licensed gold buyersJoy Online
The Bank of Ghana (BoG) and the Ghana Gold Board (GoldBod) are finalising a new financing arrangement aimed at supporting the country’s gold purchasing programme while reducing pressure on the central bank’s balance sheet. …
BoG, GoldBod finalising new financing model to reduce pressure on central bank balance sheetJoy Online
Economist and Associate Professor of Finance at Andrews University, USA, Williams Kwasi Peprah, says the Ministry of Finance must take over the funding of the Ghana Gold Board (GoldBod) to ensure the sustainability of its operations. …
Finance Ministry must fund GoldBod operations after BoG exit – EconomistThe Chronicle
The Parliamentary Select Committee on Economy and Development has conducted a working visit to the Ghana Gold Board (GoldBod) to evaluate the institution’s operations, achievements and strategic direction, as Ghana seeks to maximise the economic value of its gold resources. …
GoldBod To Procure A Gold Traceability System Next Month -Sammy GyamfiThe Ghanaian Times
The Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has announced that the central bank has ceased pre-financing the gold purchases by the GoldBod through its auction arrangement. …
BoG stops GoldBod gold purchase pre-financing arrangement – GovernorThe Ghanaian Times
The Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has announced that the central bank has ceased pre-financing the gold purchases by the GoldBod through its auction arrangement. …
BoG stops GoldBod gold purchase pre-financing arrangement – GovernorJoy Online
… The first cohort comes as the MPC assesses four major issues: inflation outlook, effectiveness of recent cash reserve reforms, changes in domestic liquidity following the end of the Ghana Gold Board (GoldBoard) financing, and external risks. …
BoG launches ‘Student Observership’ to demystify monetary policyJoy Online
… The first cohort comes as the MPC assesses four major issues: inflation outlook, effectiveness of recent cash reserve reforms, changes in domestic liquidity following the end of the Ghana Gold Board (GoldBoard) financing, and external risks. …
BoG launches ‘Student Observership’ to demystify monetary policyThe IMF approved Ghana's final US$371 million disbursement under its Extended Credit Facility after acknowledging corrective measures by the Bank of Ghana to end temporary government financing that had breached lending limits. The BoG reaffirmed its commitment to zero monetary financing of government budgets to safeguard price stability and protect the cedi.
14 hours ago · Joy Online →
The IMF approved Ghana's final US$371 million disbursement under its Extended Credit Facility after acknowledging corrective measures by the Bank of Ghana to end temporary government financing that had breached lending limits. The BoG reaffirmed its commitment to zero monetary financing of government budgets to safeguard price stability and protect the cedi.
14 hours ago · Joy Online →
The IMF Executive Board has approved the sixth and final review of Ghana's US$3 billion Extended Credit Facility programme, unlocking a final disbursement of approximately US$371 million and concluding the three-year bailout launched in May 2023. Ghana will transition to a new 36-month Policy Coordination Instrument (PCI) that does not provide financing but is designed to sustain reforms and strengthen investor confidence, with the IMF stressing that the end of the bailout does not mark the end of reforms.
28 July 2026 · Joy Online →
The Natural Resource Governance Institute has warned that Ghana's strong gold exports and improved fiscal position mask structural weaknesses in the petroleum sector and governance gaps that require urgent reform. Ghana's oil production is projected to decline to 37.95 million barrels in 2026 from 46.35 million in 2025 due to maturing fields and reserve depletion.
28 July 2026 · The Chronicle →
Ghana Water Limited will rehabilitate three water treatment plants in the Western and Central Regions using GH¢8.4 million in funding from the Ghana Gold Board. The Bonsa, Daboase, and Sekyere-Hemang plants serve thousands of residents and are targeted for upgrade following an independent technical assessment.
28 July 2026 · The Ghanaian Times →
The IMF has described Ghana's performance under its Economic Credit Facility programme as broadly satisfactory, noting that sustained reform efforts and favourable commodity prices have delivered macroeconomic stabilisation and debt sustainability gains, with inflation falling sharply, international reserves rebuilt beyond targets, and the primary fiscal balance swinging to a surplus.
27 July 2026 · Joy Online →
Ghana Water Ltd's Managing Director has inspected three water treatment facilities in the Western and Central Regions that will be rehabilitated under a GH¢8.4 million project funded by the Ghana Gold Board. The rehabilitation of the Bonsa, Daboase, and Sekyere-Hemang Water Supply Systems aims to improve production capacity, operational efficiency, and access to potable water.
27 July 2026 · Joy Online →
King Tackie Teiko Tsuru II visited Ghana Gold Board CEO Sammy Gyamfi to strengthen collaboration between traditional leadership and state institutions in managing Ghana's gold resources. The two discussed the role of traditional authorities in promoting responsible mining practices, transparency, and community participation in the gold sector.
27 July 2026 · Joy Online →
Ghana Water Limited's Managing Director has inspected three treatment plants in the Western and Central regions earmarked for rehabilitation under a GH¢8.4 million Ghana Gold Board-funded project to improve water supply efficiency and production capacity.
27 July 2026 · Joy Online →
Ghana Water Limited's Managing Director has inspected three major water treatment facilities in the Western and Central regions ahead of a GH¢8.4 million rehabilitation project funded by the Ghana Gold Board to restore the Bonsa, Daboase and Sekyere-Hemang Water Supply Systems and improve water production capacity and service delivery.
27 July 2026 · Joy Online →
The Ghana Gold Board has suspended the gold trading licence of Dominic Bonsu Ventures with immediate effect for breaching regulatory requirements, and has sought a bench warrant for the arrest of the company's proprietor as part of enforcement proceedings.
27 July 2026 · The Chronicle →
The Chronicle editorial says while Ghana's macroeconomic indicators are improving—GDP growth at 6.4%, inflation at 5.3%—youth unemployment remains disturbingly high at over 30% for ages 15–24, with approximately 1.34 million young people neither in education, employment nor training, and the government must ensure recovery reaches ordinary Ghanaians.
27 July 2026 · The Chronicle →
Ghana Gold Board CEO Sammy Gyamfi has rejected claims by Atiwa East MP Abena Osei-Asare linking GoldBod's operations to losses recorded by the Bank of Ghana, insisting the central bank's Domestic Gold Purchase Programme is separate from GoldBod's activities. Osei-Asare had questioned public funds committed to GoldBod during the 2026 Mid-Year Budget Review discussion, stating the government spent about US$1.2 billion on the institution in a year.
24 July 2026 · Joy Online →
Sammy Gyamfi, CEO of the Ghana Gold Board, has defended the release of US$279 million to the institution, saying the funds were approved as part of the 2025 Budget by Parliament and were intended as revolving seed capital for trading operations. He rejected criticism from the Public Accounts Committee Chairperson, arguing the allocation was lawful and the Finance Ministry was obliged to release the funds.
24 July 2026 · Joy Online →
Ghana Gold Board CEO Sammy Gyamfi has rejected allegations by NPP Minority Caucus members that the institution is making losses and siphoning public funds, stating that GoldBod recorded an operational surplus of GH¢909.7 million and an overall surplus of GH¢5.44 billion in 2025, and remains on course to meet targets despite a more than 23 per cent decline in international gold prices since February.
24 July 2026 · Joy Online →
President Mahama and Tanzanian President Hassan held a bilateral meeting in Accra to strengthen ties between the two nations. They called for the establishment of a Permanent Joint Commission for Cooperation and an increase in trade volumes, with Ghana offering to share its mining sector experience with Tanzania.
24 July 2026 · Joy Online →
The Minority Leader Alexander Afenyo-Markin has predicted that the NDC government will return to opposition in 2028, criticising its economic management and arguing that citizens will judge the administration based on their lived experiences rather than the Finance Minister's economic presentation.
23 July 2026 · Joy Online →
Minority Leader Alexander Afenyo-Markin has criticized the 2026 Mid-Year Fiscal Policy Review, describing it as "full of English with empty promises" and accusing the Finance Minister of failing to address key challenges, citing inconsistencies in expenditure figures and the absence of policy announcements for the cocoa sector.
23 July 2026 · Joy Online →
Finance Minister Dr. Cassiel Ato Forson attributed Ghana's improving macroeconomic performance to fiscal, tax and monetary reforms, including tighter expenditure controls, modernised tax administration, and policies supporting inflation targeting and exchange-rate stability. He said the reforms have produced stronger revenue mobilisation, improved foreign exchange reserves, and the fastest economic growth since 2019, while blaming state-owned enterprises for historically adding about 3% of GDP annually to public debt.
23 July 2026 · The Chronicle →
Finance Minister Dr Cassiel Ato Forson says the Ghana Gold Board generated an additional $15 billion in foreign exchange inflows to strengthen Ghana's reserves and support exchange rate stability. He told Parliament the policy improved Ghana's current account balance from a surplus of 1.9% in 2024 to 8.3% in 2025.
23 July 2026 · Joy Online →
The opposition New Patriotic Party has questioned the sustainability of the government's fiscal performance ahead of the 2026 Mid-Year Budget Review, arguing that the reported improvement in macroeconomic indicators was achieved largely through spending cuts rather than structural economic reforms. The NPP noted that although the government is expected to report a 2025 primary surplus of 2.6 per cent of GDP, government revenue missed its revised target by 4.7 per cent while expenditure was compressed by 13.8 per cent.
23 July 2026 · The Chronicle →
The Governor of the Bank of Ghana has endorsed COCOBOD's transition from syndicated offshore loans to local market financing, saying the move will reduce liquidity injections into the domestic economy and strengthen monetary policy management.
23 July 2026 · The Chronicle →
Kojo Oppong Nkrumah, Ranking Member on Parliament's Economy and Development Committee, called on Finance Minister Dr Cassiel Ato Forson to account for a $1.2 billion decline in Ghana's international reserves during the 2026 Mid-Year Budget Review presentation on July 23. Oppong Nkrumah questioned the reduction despite government claims of no foreign exchange market interventions.
23 July 2026 · Joy Online →
The Ghana Gold Board has introduced a new trade financing framework for Tier 2 Licensed Gold Buyers requiring formal applications, KYC assessments, signed agreements approved by GoldBod, and security instruments covering 10–50 per cent of approved financing amounts to strengthen accountability and risk management in Ghana's formal gold trading sector.
23 July 2026 · Joy Online →
The Bank of Ghana and Ghana Gold Board are finalising a new financing arrangement for the country's gold purchasing programme to reduce pressure on the central bank's balance sheet. BoG Governor Dr. Johnson Pandit Asiama said options under discussion include government full funding or market funding, with a decision to be announced soon.
22 July 2026 · Joy Online →
An economist says the Ministry of Finance should take over funding of the Ghana Gold Board following the Bank of Ghana's decision to stop providing financial support since July 1. He warned that without alternative financing arrangements, the gold trading body could face operational challenges.
22 July 2026 · Joy Online →
Ghana's Parliamentary Select Committee on Economy and Development visited the Ghana Gold Board to assess its operations and contribution to economic recovery through gold trading and foreign exchange mobilisation. CEO Sammy Gyamfi presented the Board's transformation from PMMC and outlined reforms including a planned gold traceability system procurement.
22 July 2026 · The Chronicle →
The Governor of the Bank of Ghana announced that the central bank has ceased pre-financing gold purchases by GoldBod through its auction arrangement, effective July 1. The decision marks a shift in domestic liquidity management and will be assessed by the Monetary Policy Committee as it reviews the appropriate policy stance.
21 July 2026 · The Ghanaian Times →
The Bank of Ghana has ceased pre-financing gold purchases by GoldBod through its auction arrangement, effective July 1. The central bank says the move marks a significant shift in domestic liquidity management and will be assessed by the Monetary Policy Committee as it reviews monetary policy stance.
21 July 2026 · The Ghanaian Times →
The Bank of Ghana has introduced the MPC Educational Observership Programme to give university students direct exposure to the Monetary Policy Committee's work, starting with students from the University of Ghana observing the 131st MPC meeting. The initiative aims to make policy rate-setting more transparent and understandable while strengthening links between academia and policy institutions.
21 July 2026 · Joy Online →
The Bank of Ghana has introduced the MPC Educational Observership Programme to give university students direct exposure to the Monetary Policy Committee's work, with the first cohort from the University of Ghana attending parts of the 131st MPC meeting. The initiative aims to make the central bank's policy rate-setting more transparent and understandable, strengthen policy credibility, and build links between academia and policy institutions.
21 July 2026 · Joy Online →