Parliament has officially passed the Ghana Gold Board Bill 2025, a move set to reshape the country's gold industry by establishing a regulatory body to oversee gold purchases, sales, and exports.
The government has touted the bill as a critical step toward improving transparency, enhancing traceability, and boosting foreign exchange earnings to stabilize the cedi.
The bill was approved by a majority decision after an intense debate, with the Minority strongly opposing it.
Critics argue that the establishment of the Gold Board could legitimize illegal mining, commonly referred to as galamsey, instead of curbing it.
