In a bid to support foreign reserves accumulation, Ibrahim Mahama’s Damang Gold Mine Ltd. has sold 100% of its first gold output to the Ghana Gold Board. The Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi esq., received a team from Damang Gold Mine led by Mr. Ibrahim Mahama at the GoldBod Assay […]
The Minister for Energy and Green Transition, John Abdulai Jinapor, has unveiled plans to deploy approximately 1,500 new transformers across the country by the end of March. This initiative aims to fortify the country’s power distribution network and mitigate persistent power fluctuations. Addressing the launch of the Electricity Company of Ghana’s (ECG) new corporate strategy […]
The GoldBod has today signed an agreement with the Ghana Geological Survey Authority (GGSA) to conduct geological investigations in Funsi, Atuna and Bensere East areas (Phase 1). This is a major step by the GoldBod towards supporting responsible and data-driven mining in Ghana. The project is aimed at generating credible geological data for the establishment […]
– By: Iddrissu Jara Ghana has taken a decisive step toward value addition in its gold sector with the official signing of a refining agreement between the Ghana Gold Board (GoldBod) and Gold Coast Refinery Limited. The agreement, signed on Tuesday, January 20, 2026, positions Gold Coast Refinery as a key partner in Ghana’s push […]
A leading Ghanaian pressure group, Arise Ghana, has praised the stabilisation of the Ghanaian cedi over the past year, describing the currency’s recovery as a remarkable turnaround that has positioned it among the world’s top-performing currencies in 2025. According to the group, the cedi’s stability between GH₵10.4 and GH₵10.6 to the US dollar marked a […]
Folks, as I have already served notice, I will effective Monday, 5th January, 2026 be responding and clarifying issues surrounding the IMF’s reported loss of $214 million under the Gold for Reserves (G4R) program of the Bank of Ghana, implemented in conjunction with the PMMC, now GoldBod. But before that, I hear the Minority Caucus […]
The Ghanaian President, H. E. John Dramani Mahama has delivered yet another promises he made to the people of Ghana during his 2024 electioneering campaign, to revive the Tema Oil Refinery ( TOR) if elected. True to his word, the TOR has announced resumption of crude oil refining operations after several years of inactive services. […]
Ghana’s international reserves are approaching $13 billion as the International Monetary Fund (IMF) commended policy reforms that have strengthened economic stability and restored confidence. In its latest country report, the IMF said Ghana has recorded “significant macroeconomic progress,” pointing to stronger growth, faster-than-expected disinflation, and a steady build-up of international reserves. The Fund noted that […]
While the Ghana Gold Board (GoldBod) values and appreciates, feedback and constructive criticism, it is important to clarify certain misconceptions making rounds in the media space about the trade operations of the GoldBod.
By: Jamila Wahab Officials from the Ghana Revenue Authority (GRA) have closed down KiTEA Furniture and Decoration Company located on Spintex Road due to non compliance of the implementation of the Electronic VAT (e-VAT) system. The company has been given a deadline of two days, specifically by the end of business on Friday, December 12, […]