The Ghana Gold Board (GoldBod) has launched a nationwide enforcement initiative requiring all licensed gold buyers to use GoldBod receipts. This move comes after several postponements and a grace period allowed for traders to regularise their operations and obtain the necessary licenses to continue their businesses.
In a statement issued on Monday, August 18, 2025, GoldBod clarified that issuing receipts is mandatory for all transactions involving licensed aggregators, self-financed aggregators, as well as Tier 1 and Tier 2 buyers. This measure aims to enhance transparency and strengthen regulations within Ghana’s gold trade.
To ensure compliance, a task force and field inspectors have been deployed across the country. Licensed buyers must have their receipt booklets available for inspection and are required to fully cooperate with the inspection teams.
The Board also urged small-scale miners and gold traders to insist on receiving official receipts for every purchase transaction. It warned that failure by licensed buyers to issue receipts constitutes a serious offence, attracting sanctions that may include suspension or revocation of licences. Additionally, GoldBod encouraged licensed buyers who require assistance in obtaining receipt booklets to contact its License and Regulatory Unit via dedicated hotlines.
Source: William Narh
