Parliament is poised to pass the Ghana Gold Board Bill 2025 into law today, Friday, March 28, before it adjourns for the Easter break.
This legislation is a significant step towards regulating Ghana’s gold industry, with the aim of enhancing transparency, improving traceability, and boosting foreign exchange earnings from the sector.
The Bill seeks to establish the Ghana Gold Board (GOLDBOD), a regulatory body tasked with overseeing the buying, selling, and export of gold in Ghana. It has undergone extensive consultations and revisions, with over 40 amendments incorporated to address the complexities of the gold industry.
Sammy Gyamfi, Managing Director of the Precious Minerals Marketing Company (PMMC), expressed confidence in the Bill’s passage.
Speaking in an interview with, he highlighted the rigorous work done by Parliament, including the withdrawal and refinement of a previous version of the Bill.
“We have made more than 40 amendments to the bill and relayed it in Parliament, and the old one had been withdrawn. From the indications that I am getting, the bill will be passed before Parliament breaks for Easter”.
He commended the Finance Committee of Parliament for their efforts, emphasizing the importance of the Bill in addressing inefficiencies and ensuring Ghana derives maximum economic benefits from its gold resources.
The Ghana Gold Board Bill 2025 is expected to provide a structured framework for regulating gold trade, fostering long-term growth and sustainability in the sector.
