GoldBod has exported over $5 billion worth of gold in the first half of 2025, already surpassing the total export value of $4.6 billion recorded in all of 2024.
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CEO Sammy Gyamfi announced the milestone at a press briefing in Accra, calling it proof of the gains made through recent regulatory reforms and formalization of the gold trade.
“We’ve done over 50 tonnes in just six months and passed the $5 billion mark,” he stated. “We expect to hit 60 tonnes by the end of July.”
He credited the growth to improved oversight, stricter compliance measures, and the streamlined licensing framework under the new Ghana Gold Board Act, 2025 (Act 1140).
GoldBod has also played a key role in boosting Ghana’s foreign exchange reserves. “This month alone, we brought in $900 million in forex to support the Bank of Ghana,” Gyamfi said. “That liquidity helps stabilize the cedi and meet government obligations.”
Effective July 1, all gold trading without a GoldBod-issued license is now illegal. Previous permits issued by the defunct PMMC and the Ministry of Lands and Natural Resources are no longer valid under the new law.
