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
… He warned that Ghana’s current economic gains could quickly be reversed if international gold prices fall sharply, leaving the country vulnerable to another major economic shock. “Today, we have magnified the effect of the Gold Board to the extent that the discussion about irresp …
Ghana’s gold-driven growth model is unsustainable – Prof BokpinJoy Online
… He claimed the Minority had earlier advised government against aspects of the policy but was ignored. “When the Gold Board and Bank of Ghana charges on the Gold-for-Reserve policy was at 15%, we cautioned him. …
Mid-Year budget review uninspiring; government must ‘walk the talk’ – Afenyo-MarkinJoy Online
Gold Board bought up to 54 metric tons of gold from artisanal and small-scale mining (ASM) in the first half of 2026, and the sector’s output is on track to match or surpass last year’s record, the state entity’s CEO said on Tuesday. …
Ghana’s 2026 artisanal gold output likely to surpass record 2025 level, Gold Board saysJoy Online
… Under the agreement, large miners will sell 30% of their gold output to the state entity Gold Board, known as GoldBod, in dore form. …
Gov’t to buy 30% of large miners’ gold output from July 1, statementJoy Online
Deputy Finance Minister Thomas Ampem Nyarko has told Parliament that from January 2025 to May 2026, the Gold Board expended approximately US$16.1 billion on the purchase of gold, of which US$9.8 billion was used between January and December 2025. …
GoldBod spent $16.1bn on gold purchases in 2025 – Ampem NyarkoBusiness & Financial Times
… A representative from the Gold Board, speaking on behalf of Director of Finance Dr. …
SEC moves to licence independent gold token custodiansJoy Online
… Regarding disruptions to Ghana’s gold exports due to the Middle East crisis, the Governor disclosed that temporary challenges affecting shipments to the United Arab Emirates had been resolved through alternative export arrangements. “The Gold Board has been able to find a way aro …
Policy rate at 14%: Middle East crisis is the elephant in the room – BoG bossJoy Online
… Regarding concerns over disruptions to Ghana’s gold exports linked to the Middle East crisis, Dr Asiamah said temporary challenges affecting shipments to the United Arab Emirates had been resolved through alternative arrangements. “The Gold Board has been able to find a way aroun …
Policy rate held at 14% as Middle East Crisis clouds inflation outlook – BoG GovernorThe Chronicle
… Regarding disruptions to Ghana’s gold exports due to the Middle East crisis, the Governor disclosed that temporary challenges affecting shipments to the United Arab Emirates had been resolved through alternative export arrangements. “The Gold Board has been able to find a way aro …
Policy Rate At 14%: Middle East Crisis Is The Elephant In The Room – BoG BossThe Ghanaian Times
… He explained that government used gold exports through the Gold Board to generate foreign exchange for the economy. …
Isaac Adongo replies Kojo Oppong Nkrumah over Bank of Ghana loss claimsParliament'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 →