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GoldBod to establish district gold buying centres to boost transparency

Georgina Appiah Amponsah by Georgina Appiah Amponsah
March 14, 2026
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GoldBod to establish district gold buying centres to boost transparency
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The Ghana Gold Board (GoldBod) is set to roll out District Gold Buying Centres across the country’s mining districts to enhance oversight, transparency, and accountability in gold purchasing.

According to the Chief Executive Officer (CEO) for GoldBod, Sammy Gyamfi, these centres will serve as structured markets where gold transactions can be properly monitored and recorded, improving traceability and protecting both licensed buyers and the national interest. The initiative is part of GoldBod’s broader reform agenda aimed at curbing smuggling, reducing leakages, and promoting a transparent and competitive gold trading system in Ghana. The centres will have representatives from GoldBod, the Minerals Commission, district or municipal assemblies, and the Small-scale Miners Association to ensure transparency in gold purchasing. GoldBod has also announced incentive packages to encourage licensed buyers to conduct transactions through the new centres. The move is expected to address challenges within the current decentralized system, which makes it difficult to accurately track gold purchases from miners and verify the operational locations of licensed buyers. ‎

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Tags: District Goldbuying CentersGoldBodTransparency and accountability
Georgina Appiah Amponsah

Georgina Appiah Amponsah

A devoted writer for Angel Online. Passionate about sharing innovation and fostering meaningful connection through storytelling.

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