Parliament has passed the Ghana Gold Board Bill 2025 by a majority vote.
The passage occurred without the participation of Minority MPs, who boycotted the proceedings in protest. Their walkout was in response to First Deputy Speaker Bernard Ahiafor’s refusal to grant their request to reconvene on Saturday, March 29, at 10 a.m. to further deliberate on the bill after the approval of the 2025 Appropriation Bill.
The bill aims to regulate the gold industry, enhance transparency and traceability, and boost foreign exchange earnings. It establishes the Gold Board to oversee the purchase, sale, and export of gold, generating revenue to help stabilize the cedi.
However, the Minority contended that the legislation could encourage illegal mining, locally known as galamsey.
Despite this, Majority Leader Mahama Ayariga praised the bill as a landmark piece of legislation.
