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GOLDBOD kicks off nationwide enforcement of compulsory receipt system for licensed gold buyers

Olivia Sagoe by Olivia Sagoe
August 18, 2025
in Business, Top Story
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GOLDBOD kicks off nationwide enforcement of compulsory receipt system for licensed gold buyers
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The Ghana Gold Board (GoldBod) has rolled out a nationwide enforcement of its directive mandating licensed gold buyers to issue official receipts for all transactions.

In a press statement issued on Monday, August 18, 2025, the GoldBod highlighted that issuing receipts is compulsory for licensed aggregators, self-financed aggregators and Tier 1 and Tier 2 buyers, aiming to boost transparency and regulatory oversight in Ghana’s gold industry.

The Board has established a taskforce and deployed field inspectors across the country to monitor compliance, with licensed buyers expected to produce their receipt booklets for verification and collaborate with inspectors.

The GoldBod cautioned small-scale miners and traders to insist on official receipts for all transactions, stressing that failure to do so could result in sanctions, including license suspension or revocation.

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For assistance with securing receipt booklets, licensed buyers are encouraged to contact the GoldBod’s licensing and Regulatory Unit through the specified hotlines.

Tags: Ghana Goldbodlicensed gold buyers
Olivia Sagoe

Olivia Sagoe

A young person who’s curious, expressive, and very engaged with words, storytelling and writing.

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