The Parliament of Ghana is expected to pass the Goldbod bill into law, barring any unforeseen hitches .
Managing Director of Precious Minerals Marketing Company (PMMC) , Sammy Gyamfi says a lot of engagements and consultations have gone into the drafting of the bill, making it watertight.
Speaking to Joy News, he revealed that a lot of rigorous work has been done by members of the parliament as far as the bill is concerned.
The Ghana Gold Board Bill 2025 has been presented to Parliament, seeking to establish the Gold Board to regulate the buying, selling, and export of gold while generating foreign exchange for the country.
According to the government, the board will play a crucial role in formalising gold trading within the small-scale mining sector, improving traceability, and advancing efforts to secure London Bullion Market Association (LBMA) certification.
Following its introduction, First Deputy Speaker Bernard Ahiafor referred the bill to the Finance and Lands and Natural Resources Committees for further review and reporting.
“Honourable members, the Ghana Gold Board Bill 2025 is presented and read for the first time and accordingly referred to the Finance Committee for consideration and reports,” he announced.
Source: 3news.com