• Home
  • World
  • Politics
  • Business
  • Science
  • Tech
  • Entertainment
  • Lifestyle
Thursday, October 23, 2025
No Result
View All Result
NEWSLETTER
The Overseers - Ghana No.1 News
  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    Mozambique’s INCM delegation visits GIFEC to learn from Ghana’s digital inclusion success

    Mozambique’s INCM delegation visits GIFEC to learn from Ghana’s digital inclusion success

    Sukparu unveils GCTU innovation centre to drive digital skills and entrepreneurship

    Sukparu unveils GCTU innovation centre to drive digital skills and entrepreneurship

    Communication Ministry to partner Cisco for ‘One Million Coders’ initiative

    Communication Ministry to partner Cisco for ‘One Million Coders’ initiative

    Minority demands accountability over GH¢10,000 daily DStv fines

    Minority accuses Sam George of mishandling AT–Telecel deal, demands probe

    NIA warns Ghanaians against photocopying of Ghana card by Institutions

    NIA commences issuance of Ghana cards to children aged 6–14 effective today

    UW/R: Sukparu reaffirms gov’t’s commitment to empowering girls in technology

    UW/R: Sukparu reaffirms gov’t’s commitment to empowering girls in technology

    Trending Tags

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    2026 World Cup: Ablakwa engages US, Canada to ease visa process for Ghanaian fans

    2026 World Cup: Ablakwa engages US, Canada to ease visa process for Ghanaian fans

    Lumba funeral saga: Children of Akosua Serwaa disassociate themselves from court case

    Lumba funeral saga: Children of Akosua Serwaa disassociate themselves from court case

    PAC saved Ghana over GH¢273m in 2024 – Bagbin

    Bagbin hails Black Stars after qualifying for 2026 World Cup

    Black Stars secure 2026 World Cup ticket after victory over Comoros

    Black Stars secure 2026 World Cup ticket after victory over Comoros

    2025 World University Games: UDS win a “beacon of hope” for young Athletes – Education Ministry hails

    Mahama rewards UDS with GHC500,000 for historic World University Football triumph

    2025 World University Games: UDS win a “beacon of hope” for young Athletes – Education Ministry hails

    2025 World University Games: UDS win a “beacon of hope” for young Athletes – Education Ministry hails

    Ghanaian boxer Ernest “Bahubali” Akushey dies days after crushing defeat

    NSA suspends boxing in Ghana over death of “Bahubali” Akushey

    Ghanaian boxer Ernest “Bahubali” Akushey dies days after crushing defeat

    Ghanaian boxer Ernest “Bahubali” Akushey dies days after crushing defeat

    WodeMaya, Rocky Dawuni and three other creatives awarded diplomatic passports

    WodeMaya, Rocky Dawuni and three other creatives awarded diplomatic passports

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    La General Hospital project set to resume as gov’t approves second payment

    Gov’t to extend dialysis subsidy to private hospitals – Health Minister

    NDC UK/Ireland chapter hails Zita Benson on historic diplomatic appointment

    Zita Benson lauds Ghanaian doctors in UK, calls for stronger collaboration to transform healthcare

    La General Hospital project set to resume as gov’t approves second payment

    La General Hospital project set to resume as gov’t approves second payment

    Gov’t tasks NAFCO to buy surplus grains ahead of 2025 bumper harvest

    Gov’t tasks NAFCO to buy surplus grains ahead of 2025 bumper harvest

    One arrested in Ridge Hospital assault – Health Ministry

    One arrested in Ridge Hospital assault – Health Ministry

    Mahama announces State funeral for helicopter crash victims on Aug 15

    Helicopter Crash: Mental Health Authority warns against sharing of images

    Kenya officially drops Visa requirement for all African countries

    Kenya officially drops Visa requirement for all African countries

    UG: 107 COVID-19 cases confirmed; no death recorded — Health Minister

    UG: 107 COVID-19 cases confirmed; no death recorded — Health Minister

    A/R: 3-year-old boy survives after falling from storey building at Bantama

    A/R: 3-year-old boy survives after falling from storey building at Bantama

    Security agencies donate GH¢1m to support ‘Mahama Cares’

    Security agencies donate GH¢1m to support ‘Mahama Cares’

    Trending Tags

  • Home
  • World
  • Politics
  • Business
  • Science
  • Tech
    Mozambique’s INCM delegation visits GIFEC to learn from Ghana’s digital inclusion success

    Mozambique’s INCM delegation visits GIFEC to learn from Ghana’s digital inclusion success

    Sukparu unveils GCTU innovation centre to drive digital skills and entrepreneurship

    Sukparu unveils GCTU innovation centre to drive digital skills and entrepreneurship

    Communication Ministry to partner Cisco for ‘One Million Coders’ initiative

    Communication Ministry to partner Cisco for ‘One Million Coders’ initiative

    Minority demands accountability over GH¢10,000 daily DStv fines

    Minority accuses Sam George of mishandling AT–Telecel deal, demands probe

    NIA warns Ghanaians against photocopying of Ghana card by Institutions

    NIA commences issuance of Ghana cards to children aged 6–14 effective today

    UW/R: Sukparu reaffirms gov’t’s commitment to empowering girls in technology

    UW/R: Sukparu reaffirms gov’t’s commitment to empowering girls in technology

    Trending Tags

  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    2026 World Cup: Ablakwa engages US, Canada to ease visa process for Ghanaian fans

    2026 World Cup: Ablakwa engages US, Canada to ease visa process for Ghanaian fans

    Lumba funeral saga: Children of Akosua Serwaa disassociate themselves from court case

    Lumba funeral saga: Children of Akosua Serwaa disassociate themselves from court case

    PAC saved Ghana over GH¢273m in 2024 – Bagbin

    Bagbin hails Black Stars after qualifying for 2026 World Cup

    Black Stars secure 2026 World Cup ticket after victory over Comoros

    Black Stars secure 2026 World Cup ticket after victory over Comoros

    2025 World University Games: UDS win a “beacon of hope” for young Athletes – Education Ministry hails

    Mahama rewards UDS with GHC500,000 for historic World University Football triumph

    2025 World University Games: UDS win a “beacon of hope” for young Athletes – Education Ministry hails

    2025 World University Games: UDS win a “beacon of hope” for young Athletes – Education Ministry hails

    Ghanaian boxer Ernest “Bahubali” Akushey dies days after crushing defeat

    NSA suspends boxing in Ghana over death of “Bahubali” Akushey

    Ghanaian boxer Ernest “Bahubali” Akushey dies days after crushing defeat

    Ghanaian boxer Ernest “Bahubali” Akushey dies days after crushing defeat

    WodeMaya, Rocky Dawuni and three other creatives awarded diplomatic passports

    WodeMaya, Rocky Dawuni and three other creatives awarded diplomatic passports

  • Lifestyle
    • All
    • Fashion
    • food
    • Health
    • Travel
    La General Hospital project set to resume as gov’t approves second payment

    Gov’t to extend dialysis subsidy to private hospitals – Health Minister

    NDC UK/Ireland chapter hails Zita Benson on historic diplomatic appointment

    Zita Benson lauds Ghanaian doctors in UK, calls for stronger collaboration to transform healthcare

    La General Hospital project set to resume as gov’t approves second payment

    La General Hospital project set to resume as gov’t approves second payment

    Gov’t tasks NAFCO to buy surplus grains ahead of 2025 bumper harvest

    Gov’t tasks NAFCO to buy surplus grains ahead of 2025 bumper harvest

    One arrested in Ridge Hospital assault – Health Ministry

    One arrested in Ridge Hospital assault – Health Ministry

    Mahama announces State funeral for helicopter crash victims on Aug 15

    Helicopter Crash: Mental Health Authority warns against sharing of images

    Kenya officially drops Visa requirement for all African countries

    Kenya officially drops Visa requirement for all African countries

    UG: 107 COVID-19 cases confirmed; no death recorded — Health Minister

    UG: 107 COVID-19 cases confirmed; no death recorded — Health Minister

    A/R: 3-year-old boy survives after falling from storey building at Bantama

    A/R: 3-year-old boy survives after falling from storey building at Bantama

    Security agencies donate GH¢1m to support ‘Mahama Cares’

    Security agencies donate GH¢1m to support ‘Mahama Cares’

    Trending Tags

No Result
View All Result
The Overseers - Ghana No.1 News
No Result
View All Result
Home Business

Chamber of Licensed Gold Buyers hails enactment of GoldBod Act

by Mawuli Innocent
April 5, 2025
in Business
0
Chamber of Licensed Gold Buyers hails enactment of GoldBod Act
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

The Chamber of Licensed Gold Buyers (CLGB) has commended government for the successful passage and assent of the Ghana Gold Board (GoldBod) Bill into law, marking a new chapter for the country’s gold industry.

With this landmark legislation, Ghana has established the GoldBod as the monopoly buyer, assayer, and exporter of Ghana’s gold.

“This is a bold and strategic move that has the potential to reshape our gold sector and significantly contribute to our country’s economic growth,” said Mr. Kwaku Amoah, Chief Executives Officer of CLGB.

The newly enacted GoldBod Act, 2025, establishes the Ghana Gold Board, which would oversee the governance, operations, and financial management of the gold industry.

The CLGB acknowledges the pivotal role GoldBod will play in Ghana’s gold industry, and therefore stands in support of its mission.

“The GoldBod’s establishment offers an exciting opportunity for us as stakeholders to work together for the greater good of the nation’s economy,” said a statement from CLGB.

The CLGB is a trusted association that regulates and empowers licensed gold buyers, ensuring fairer trade practices while promoting responsible mining across Africa.

The Chamber has expressed willingness to educate and empower its members across the country regarding the new GoldBod Act, ensuring they are fully informed and well-equipped to navigate the new regulatory framework.

“As we embrace this new era, we believe GoldBod will be a game-changer, especially in the context of cedi stabilization. We are optimistic that with GoldBod at the helm, Ghana’s gold sector will contribute substantially to stabilizing our currency, creating jobs, and boosting national revenue.

“The law has come at the right time. At CLGB, we understand that gold trading is a sensitive and highly regulated industry. We call upon all Ghanaians, particularly miners and gold buyers, to rally behind GoldBod.

“Supporting this initiative will ensure we maximize the economic potential of our natural resources. The CLGB and its members nationwide stand ready to collaborate with GoldBod in this noble pursuit,” the statement read.

Ghana is one of the leading gold producers in Africa, and CLGB plays a pivotal role in streamlining the operations of gold buyers within the country with a strong network of 500 plus certified members.

The Chamber has indicated its readiness to partner with the GoldBod in the fight against gold smuggling.

“This collaborative effort is crucial for ensuring that Ghana’s gold resources are fully accounted for, properly valued, and legally processed. We will continue to offer solutions to guide policy and address any bottlenecks in the GoldBod Act’s implementation, ensuring a seamless transition to this new and transformative structure,” said Mr. Amoah.

The newly-appointed CEO of the CLGB is confident the establishment of the GoldBod will pave the way for an era of enhanced transparency, regulation, and sustainable growth in our gold sector.

“We remain committed to supporting the government’s objectives and look forward to a future of shared prosperity through this transformative legislation. We hope that we work together and advocate for sustainable mining practices and improve regulatory oversight,” said Mr. Amoah.

Source: myjoyonline
Via: Mawuli Innocent
Tags: Chamber of Licensed Gold BuyersGold Board
Mawuli Innocent

Mawuli Innocent

Related Posts

Producer Price Inflation rises slightly to 3.2% in September

Producer Price Inflation rises slightly to 3.2% in September

by theoverseer
October 23, 2025
0

The year-on-year producer price inflation (PPI) for all goods and services stood at 3.2% in September 2025, according to the...

T-Bill auction oversubscribed by 96% as yields decline across all tenors

Investor demand for T-bills slumps as gov’t misses target by GHC3.68bn

by theoverseer
October 20, 2025
0

Investor appetite for Treasury bills eased last week, as the government fell short of its issuance target by GH¢3.68 billion....

Ghana needs bold and decisive action to transform agribusiness — Agri-Impact Dep. CEO

Ghana needs bold and decisive action to transform agribusiness — Agri-Impact Dep. CEO

by theoverseer
October 17, 2025
0

Agribusiness specialist and Deputy Chief Executive Officer of Agri-Impact Limited, Juliana Asante-Dartey, has called for bold and decisive actions to...

Taptap Send resumes full operation in Ghana

Taptap Send resumes full operation in Ghana

by theoverseer
October 15, 2025
0

Money transfer company Taptap Send has announced the full restoration of its services in Ghana after what it described as...

African Finance Ministers tout Ghana’s GoldBod as blueprint for resource governance

African Finance Ministers tout Ghana’s GoldBod as blueprint for resource governance

by theoverseer
October 15, 2025
0

Ghana’s approach to natural resource governance took centre stage at a high-level meeting in Washington, D.C., as Finance Ministers from...

‘I’m confident Ghana will soon have first female president’ – Mahama

Mahama: Ghana’s zero tariff deal with China to be concluded by Oct. 2025

by theoverseer
October 14, 2025
0

Ghana and China are on the verge of concluding a landmark zero-tariff trade agreement that is expected to strengthen bilateral...

Next Post
Private health facilities suspend NHIS services over delayed payments

Private health facilities suspend NHIS services over delayed payments

Recommended

Wa: Killer of ‘Jirapa Dubai’ CEO sentenced to life imprisonment

Wa: Killer of ‘Jirapa Dubai’ CEO sentenced to life imprisonment

1 week ago
New Gas Plant will Reinvent Ghana’s Energy Economy – Finance & Energy Policy Analyst

New Gas Plant will Reinvent Ghana’s Energy Economy – Finance & Energy Policy Analyst

5 months ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact
    Call us: +23320000000

    © 2024 The Overseer News - Powered By The Overseers The Overseer News.

    No Result
    View All Result
    • Home
    • Politics
    • World
    • Business
    • Science
    • National
    • Entertainment
    • Gaming
    • Movie
    • Music
    • Sports
    • Fashion
    • Lifestyle
    • Travel
    • Tech
    • Health
    • Food

    © 2024 The Overseer News - Powered By The Overseers The Overseer News.