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By Nana Ekuah
The Ghana Gold Board (GoldBod) has announced plans to intensify enforcement actions against unlicensed jewellery manufacturers, gold fabricators, and refineries operating across the country, following concerns over widespread non-compliance within the gold value chain.
In a statement issued on Wednesday, January 28, GoldBod revealed that several operators have been identified conducting gold-related activities without the required authorisation from the Board.
“It has come to the attention of the Ghana Gold Board (GoldBod) that some jewellery manufacturers, fabricators, and gold refineries are operating without a valid licence from the GoldBod,” the statement said.
The Board stressed that only individuals and companies duly licensed by GoldBod are permitted to engage in gold trading, jewellery manufacturing, fabrication, and refining activities in Ghana. It noted that operations carried out without proper certification constitute a breach of the law and attract sanctions under Act 1140.
“Engaging in these activities without a valid GoldBod licence constitutes an offence and is punishable under Act 1140,” the statement emphasised.
GoldBod recalled that in a previous notice issued on October 22, 2025, all existing jewellery manufacturers, fabricators, and gold refineries were directed to regularise their operations by December 31, 2025. The directive, according to the Board, was aimed at strengthening regulatory compliance and enhancing oversight within the gold trading sector.
However, with several operators still defaulting after the deadline, GoldBod announced that nationwide inspection exercises will commence from Monday, February 2, 2026, to ensure that only licensed entities are involved in jewellery manufacturing, gold fabrication, and refining activities across the country.