Ghana Update
Business News

GoldBod Initiates Licensing for Service Providers Effective April 23

The Ghana Gold Board (GoldBod) has announced the commencement of the licensing of service providers within the gold trading sector, effective Wednesday, April 23, 2025.

A Ghanaian 18 years and above or a fully owned Ghanaian company may apply to GoldBod for a license online via GoldBod’s official website, goldbod.gov.gh, or physically at the license office located at our main office in Accra.

The categories of licenses that can be applied for effective immediately are as follows:

• Aggregator license
• Self-financing Aggregator license
• Buyer license (tier 2)
• Buyer license (Tier 1)

In a statement issued by Prince Kwame Minkah, Media Relations Officer, other licenses such as Refining License, Smelting License, Fabrication License, Storage License, Transportation License, Importation License among others, can apply effective July 2025.

“All relevant information about the mandate, policies and operations of the GoldBod can be accessed from our website, goldbod.gov.gh. A person may send a message to or make inquiries from the GoldBod through our website.

“An applicant must carefully read, understand and accept the Terms and Conditions of a license before proceeding to apply for the same.”

Additionally, the GoldBod reiterated its earlier directive to all foreigners to exit the local gold trading market effective April 30, 2025.

“A breach of this directive shall constitute a punishable offence under the Ghana GoldBod Act, 2025 (ACT 1140). A foreigner may however, apply to the GoldBod to off-take gold from the GoldBod,” the statement said.

 

Related posts

Ghana faces supply disruptions as Burkina Faso halts cereal exports

nkwitty

Trump Slaps 10% Tariffs on Global Trade, Ghana Included

nkwitty

Analysts See Hope Despite Bank of Ghana’s GH¢9.49bn 2024 Loss

nkwitty

Expanded Spectrum for MTN, Telecel Okayed, Fines Loom for Service Failures – Sam George

nkwitty

Govt Should Step In and Halt DSTV’s Unjustified Price Increase – CUTS

nkwitty

MoMo transactions hit record GH¢3.019trn in 2024 – BoG

nkwitty

Leave a Comment