The Parliament of Ghana is expected to pass the Goldbod Bill into law, barring any unforeseen hitches. Managing Director of PMMC Sammy Gyamfi says a lot of engagements and consultations went into the drafting of the bill, making it watertight.

Speaking to Accra-based Joy News, he revealed that members of Parliament have done a lot of rigorous work on the bill.

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 formalizing gold trading within the small-scale mining sector, improving traceability, and advancing efforts to secure the 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.