September 27, 2025
Mr. Sammy Gyemfi , CEO of GoldBod

The Ghana Gold Board (GoldBod) has begun nationwide enforcement of the mandatory use of GoldBod receipts by all licensed gold buyers.

This decision follows a series of postponements and a grace period granted to traders to regularize their operations and secure the necessary licenses to continue their business.

In a statement released on Monday, August 18, 2025, GoldBod emphasized that issuing receipts is a compulsory requirement for all transactions involving licensed aggregators, self-financed aggregators, and Tier 1 and Tier 2 buyers.

This measure is designed to enhance transparency and strengthen regulation in Ghana’s gold trade.

To ensure compliance, a task force and field inspectors have been deployed across the country. Licensed buyers must make their receipt booklets available for inspection and fully cooperate with the inspection teams.

GoldBod also urged small-scale miners and gold traders to insist on receiving official receipts for every purchase transaction.

It warned that if licensed buyers fail to issue receipts, it constitutes a serious offense and could lead to sanctions, including suspension or revocation of licenses.

Additionally, GoldBod encouraged licensed buyers who need assistance in obtaining receipt booklets to contact its License and Regulatory Unit through dedicated hotlines.

sokynews.com

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