
GoldBod Posts $1.87bn FX Yield in September, Beats Target
The Ghana Gold Board surpassed its $1.4bn goal, generating $1.871bn from ASM sales and sending $701.3m to banks and $1.170bn to the Bank of Ghana.
11 stories tagged “GoldBod”.

The Ghana Gold Board surpassed its $1.4bn goal, generating $1.871bn from ASM sales and sending $701.3m to banks and $1.170bn to the Bank of Ghana.

The Ghana Geological Survey Authority and the Ghana Gold Board have agreed to intensify exploration activities and promote responsible mining practices across the country.

Bank of Ghana Governor Dr Johnson Asiama confirmed he stepped down from the GoldBod Board, citing statutory provisions that allow the central bank to be represented by another official.

Since July 2026, the new GoldBod‑led gold purchase model has begun generating foreign exchange, yet the cedi has slid 9.5 % and reserves fell to 4.2 months of import cover.

The Ghana Gold Board’s audited accounts show a GH¢3.78 billion shortfall between expected and actual gold supplied to the Bank of Ghana during 2025.

The Ghana Gold Board has made its detailed 2025 gold trading data public, prompting policy analyst Alfred Appiah to call the disclosure a benchmark for state institutions.

The Central Bank will sell only US$500 million in foreign exchange this month, down from previous targets, amid a surge in FX receipts from GoldBod and artisanal mining.

Accusing the Minority Leader of a "sustained, relentless campaign of lies," the GoldBod CEO says he has reached out to new Majority Leader James Agalga to help arrange a Public Accounts Committee summons, since Afenyo-Markin has so far chosen press conferences over Parliament's own accountability tools.

The GoldBod CEO says the Auditor-General's audited accounts show no adverse findings, argues the IMF report never blamed GoldBod for the Bank of Ghana's $1.7bn Domestic Gold Purchase Programme losses, and has challenged Minority Leader Alexander Afenyo-Markin to summon him to Parliament, as the Minority stands by its demand for accountability.

Responding to the Minority's allegations of a $1.7 billion loss under the old Domestic Gold Purchase Programme, the GoldBod CEO detailed a mix of offtaker advances, a piloted FX forward scheme with banks, and the board's own capital, insisting the new trading model no longer depends on BoG money.

Finance Minister Cassiel Ato Forson signed the MoU with the Ghana Chamber of Mines under the GANRAP programme, aiming to build an "economic war chest" and reach 15 months of import cover by 2028, as Ghana works toward LBMA accreditation for a local refinery by 2030.

The two Kumasi‑based reporters were chosen from more than 500 applicants to join a training programme that will sharpen their skills in covering science, technology and emerging innovations.

Engineering chief urges metropolitan‑level planning and immediate action on traffic lights, road maintenance and basic infrastructure.

The 5th edition of the National Customers’ Choice Awards will convene on Saturday, 14 November at the Accra Marriott Hotel to celebrate brands that put customers first.

Dr Cassiel Ato Forson praised the NLA’s dividend payout but warned the state deserves more, urging a review of agreements that limit government revenue.

Four major brands, including H&M, Inditex, adidas and BESTSELLER, unveiled the Apparel Recovery Coalition at Accra’s bustling second‑hand hub, pledging to support local recycling and upcycling initiatives.

The historic junior high school highlighted its legacy and urged urgent support to modernise its science, technology, engineering and mathematics facilities.
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