Ghana news briefing
GoldBod no longer buying gold for BoG — Sammy Gyamfi
Mr Gyamfi said the change in mandate means GoldBod should no longer be described as an agent implementing the former government's Domestic Gold Purchase Programme on behalf of the central bank.
The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, says the institution is no longer operating as a gold-buying agent for the Bank of Ghana (BoG), following the end of the Domestic Gold Purchase Programme (DGPP).
He explained that GoldBod now has the mandate to independently purchase and sell gold in Ghana and provide the foreign exchange generated from its operations to the Bank of Ghana.
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