GoldBod gets BoG authorisation to sell forex, Sammy Gyamfi tells PAC

The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has disclosed that the institution has received authorisation and guidance from the Bank of Ghana (BoG) to sell foreign exchange generated through its statutory operations.

Mr Gyamfi also told the committee that GoldBod was on course to meet or exceed its 2025 gold purchase and export performance while substantially increasing its foreign exchange earnings.

He added that silver recovered as a by-product of gold refining was also being retained in Ghana, generating foreign exchange and supplying raw materials to the local fabrication industry.