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GOLDBOD commences licensing of service providers

Edzorna Francis Mensah by Edzorna Francis Mensah
April 23, 2025
in Economy
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The Ghana Gold Board (GoldBod) wishes to inform the general public, particularly stakeholders in Ghana’s gold trading sector, that they are commencing the licensing of Service Providers effectively, on Wednesday, 23 April 2025.

Press statement issued in Accra, Prince Kwame Minkah, Media Relations Officer noted that “a Ghanaian, 18 years and above, or a fully-owned Ghanaian company may apply to the GoldBod for a license online via the GoldBod’s official website, goldbod.gov.gh, or physically, at the license office of the GoldBod 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)

Other licenses such as Refining License, Smelting License, Fabrication License, Storage License, Transportation License, Importation License, among others, may be applied for effective July 2025.

According to the statement, all relevant information about the mandate, policies, and operations of the GoldBod can be accessed from our website, goldbod.gov.gh.

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A person may send a message to or make inquiries from the GoldBod through our website.  

They say, an applicant must carefully read, understand, and accept the Terms and Conditions of a license before proceeding to apply for the same.

 

The GoldBod reiterates 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 offense under the Ghana GoldBod Act, 2025 (ACT 1140). A foreigner may, however, apply to the GoldBod to off-take gold from the GoldBod.

 

Additionally, the GoldBod, in line with its mandate to oversee and regulate the gold trading sector, reiterates its earlier directive for all gold traders to buy and/or sell gold at the official Bank of Ghana (BoG) Reference Rate published on www.bog.gov.gh.

The GoldBod looks forward to working with all stakeholders to restructure and streamline the gold trading sector to optimize national benefits

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