Parliament has officially passed the GoldBod Bill 2025 into law, paving the way for significant reforms in Ghana’s gold sector.
GoldBod, a government-backed initiative, is designed to centralize and regulate gold trading, ensuring that all transactions comply with national and international standards.
The bill establishes the GoldBod Authority, a regulatory body tasked with overseeing licensing, compliance, and sustainable mining practices. This framework seeks to curb illegal mining, enhance transparency in gold exports, and maximize revenue for national development.
The passage of the bill marks a milestone in the government’s efforts to streamline gold trade and mining operations. It introduces stringent measures to monitor gold production, enforce responsible mining practices, and promote fair pricing within the sector.
The new law is expected to create a more transparent and accountable framework for gold exports, reduce illegal mining activities, and boost investor confidence in the sector.
