Gold Board — state entity that purchases gold from large-scale and artisanal miners to boost Ghana's foreign currency reserves and develop local refining capacity.
News reports
Order a long-term news report on Gold Board
Every mention in the Ghanaian press over the period you choose, compiled as a PDF or Word document.
Verbatim sentences from the source article.
Joy Online
… Mr Adongo cited the bill that established the Gold Board as an example. He said opposition members had concerns about some provisions but did not oppose its underlying principle. …
Parliament’s Finance Committee has had no reason to worry over government bills – AdongoJoy Online
Parliament’s Finance Committee Chairman, Isaac Adongo, has defended the passage of the law establishing the Gold Board, saying concerns about some provisions did not warrant delaying it. …
Gold Board concerns did not justify holding up law – AdongoJoy Online
The African Union (AU) has recommended Ghana’s Gold Board (GoldBod) as a model for other African countries seeking to increase the value derived from their mineral resources and strengthen their economies. …
AU recommends Ghana’s GoldBod model to African countriesJoy Online
… Today, there is a growing effort to change that reality through the Gold Board mechanism and other policies that capture more artisanal gold and increase local participation, encourage value addition and create opportunities for Ghanaian businesses and professionals throughout th …
Ghana’s second chance: How President Mahama’s return offers historic opportunity for transformationJoy Online
… He said economic managers, including the Gold Board, the Bank of Ghana and the Finance Ministry, had worked together to support the currency. …
Diesel has nearly doubled in price – NPA boss explains why Ghana’s pumps haven’t followedThe Chronicle
… The Gold Board recorded a net profit of about GH¢896.5 million, compared with GH¢178.5 million in 2024. …
Mahama To SOEs: Recruit, Promote On MeritJoy Online
… The Gold Board also recorded a sharp improvement, posting a net profit of approximately $896.5 million, compared with $88.5 million in 2024. …
Mahama challenges SOEs to turn financial gains into lasting operational efficiencyJoy Online
Incoming Majority Leader and Builsa North MP James Agalga has challenged claims that the Gold Board (GoldBod) incurred losses under its domestic gold purchasing operations. …
GoldBod has never incurred losses – Agalga challenges claims as Minority pushes probeJoy Online
Minority Leader Alexander Afenyo-Markin has drawn a stark contrast between concerns over alleged financial discrepancies at the Gold Board and the health toll of illegal mining on communities across Ghana. …
‘While GoldBod cannot account for GH¢22bn, mining communities are paying with their kidneys and lungs’ – Afenyo-MarkinThe Chronicle
Minority Leader of Parliament, Alexander Afenyo-Markin, has sued Chief Executive Officer (CEO) of Gold Board , Samuel Adu Gyamfi over allegations of extortion made against him. …
BREAKING : Afenyo-Markin Sues Sammy GyamfiParliament's Finance Committee Chairman Isaac Adongo says the committee has had no reason to worry about government bills, attributing this to bipartisan scrutiny and broad agreement among members, including opposition lawmakers.
26 October 2026 · Joy Online →
Parliament's Finance Committee Chairman Isaac Adongo says the committee has had no reason to worry about government bills, attributing this to bipartisan scrutiny and broad agreement among members, including opposition lawmakers.
26 October 2026 · Joy Online →
Parliament's Finance Committee Chairman Isaac Adongo defended the passage of the Gold Board law, saying concerns about specific provisions did not warrant delay, and noting the law's impact justified moving forward while leaving room for future review and amendments.
26 October 2026 · Joy Online →
The African Union has recommended Ghana's Gold Board as a model for African countries aiming to increase value from mineral resources and strengthen economies. The AU Commissioner noted Ghana's experience showed how mineral sector reforms could improve foreign exchange earnings, strengthen reserves, support currency stability, and enhance economic resilience.
20 October 2026 · Joy Online →
An opinion piece argues that President John Dramani Mahama's return to office—following his journey from vice president to defeated incumbent to opposition leader to president—provides Ghana with a unique chance for transformation, as a leader now wiser and more experienced. The author points to initiatives like the Accra-Kumasi Expressway as evidence of his focus on delivering on transformational vision.
28 September 2026 · Joy Online →
The National Petroleum Authority CEO says international diesel prices have almost doubled since February, but Ghanaian consumers have been insulated from the full impact due to cedi stability and government intervention. The NPA raised the minimum price floor for diesel to GH¢16.77 per litre from September 16, though some oil marketing companies have priced it higher.
18 September 2026 · Joy Online →
President John Dramani Mahama has directed state-owned enterprises and public institutions to recruit and promote staff strictly on merit, warning that political connections, personal relationships and proximity to power must not substitute for competence, integrity and performance. He also warned boards and managements against conflicts of interest, abuse of office and wasteful expenditure, directing that procurement be lawful and competitive.
11 September 2026 · The Chronicle →
President Mahama told Ghana's state-owned enterprises that they must convert financial gains into lasting operational efficiency and demonstrate credible evidence of value created for citizens, stressing that public ownership must produce public value and that persistent losses can no longer be quietly transferred to the national budget.
10 September 2026 · Joy Online →
Incoming Majority Leader James Agalga has contested claims that the Gold Board incurred losses under its domestic gold purchasing operations, stating instead that it recorded a surplus of around 4 billion plus and is cited in the Auditor-General's report. The statement comes as Parliament's Minority pushes for an ad hoc committee investigation into what it says are losses from the government's gold trading scheme.
25 August 2026 · Joy Online →
Minority Leader Alexander Afenyo-Markin told Parliament that residents of mining communities across Ghana are suffering kidney failure, lung failure, and other grave conditions at alarming rates due to pollution from illegal mining, while the Gold Board cannot account for GH¢22 billion.
24 August 2026 · Joy Online →
Minority Leader of Parliament Alexander Afenyo-Markin has sued CEO of Gold Board Samuel Adu Gyamfi over allegations of extortion made against him.
24 August 2026 · The Chronicle →
Economist Professor Godfred Bokpin warned that Ghana is sacrificing long-term survival for short-term economic gains through over-reliance on gold, and that a sharp fall in global gold prices could wipe out macroeconomic stability gains within months while environmental damage from mining is being overlooked.
24 August 2026 · Joy Online →
Minority Leader Alexander Afenyo-Markin has criticised the 2026 Mid-Year Budget Review as "uninspiring" and lacking concrete policy interventions, taking issue with the Finance Minister's comments about government spending and funding to ministries.
23 July 2026 · Joy Online →
The Gold Board reports it purchased 50–54 metric tons of gold from artisanal and small-scale mining in the first half of 2026 and expects the sector's annual output to match or surpass last year's record 104 metric tons. ASM has become Ghana's largest source of gold export earnings, generating nearly $11 billion in foreign exchange in 2025.
15 July 2026 · Joy Online →
Government has agreed with large-scale mining companies to purchase 30% of their gold output starting July 1 to boost foreign currency reserves and develop local refining capacity. Gold will be sold to state entity GoldBod in dore form at a 0.55% discount to the central bank's reference rate and settled in Ghanaian cedis.
26 June 2026 · Joy Online →
Deputy Finance Minister Thomas Ampem Nyarko told Parliament that from January 2025 to May 2026, the Gold Board spent approximately US$16.1 billion on gold purchases, with US$9.8 billion expended in 2025. The government is shifting Ghana's gold economy from an unregulated system to a structured, transparent one where gold is properly accounted for and benefits the national economy.
24 June 2026 · Joy Online →
Ghana's Securities and Exchange Commission is laying regulatory groundwork to licence independent custodians for gold-backed tokens under the Virtual Assets Service Providers Act, with plans to extend tokenisation to real estate, diamonds, and bauxite. The regulator is building a post-custody framework requiring vault operators to undergo inspections before holding physical gold underpinning digital tokens.
4 June 2026 · Business & Financial Times →
The Governor of the Bank of Ghana has defended the Monetary Policy Committee's decision to hold the policy rate at 14%, citing ongoing Middle East conflict as a key source of uncertainty threatening Ghana's inflation outlook and economic stability. Although economic indicators suggest room for further rate cuts, the MPC chose to pause and monitor global developments due to risks posed by the geopolitical crisis.
21 May 2026 · Joy Online →
The Monetary Policy Committee maintained the policy rate at 14 percent, with the Bank of Ghana Governor citing the Middle East conflict as an external risk that could undermine Ghana's inflation outlook despite improving domestic economic indicators.
21 May 2026 · Joy Online →
The Governor of the Bank of Ghana defended the Monetary Policy Committee's decision to maintain the policy rate at 14 percent, citing lingering geopolitical tensions in the Middle East as a serious risk to Ghana's inflation outlook and economic stability. Although current economic indicators suggest room for further monetary easing, the MPC decided to pause and monitor global developments because of uncertainties surrounding the Middle East crisis.
21 May 2026 · The Chronicle →
The Ranking Member on Parliament's Finance Committee has responded to Minority accusations that the Bank of Ghana recorded losses of about GH¢44 million under the NDC administration, arguing that the NPP government previously recorded far larger losses of GH¢55 billion at the central bank.
8 May 2026 · The Ghanaian Times →
The Ghana Chamber of Mines has called on the Bank of Ghana to publish detailed, disaggregated data on foreign exchange inflows from mining, arguing that partial data excluding flows through commercial banks misrepresents the industry's economic contribution. The chamber disputes claims that large-scale miners repatriate only 20 percent of export proceeds, noting that mining firms channel forex through both direct central bank sales and commercial bank accounts to meet domestic obligations.
5 May 2026 · Business & Financial Times →
The Minority in Parliament has accused the Majority of attempting to shift public perception ahead of the Bank of Ghana's publication of financial accounts, which are expected to show a net loss of about GH¢15 billion for the 2025 financial year. The Ranking Member on Parliament's Economy and Development Committee argued the Majority's press conference before the official release is intended to hide the real facts from Ghanaians.
30 April 2026 · Joy Online →