GOLDBOD summons 6 gold service providers over compliance checks
The Ghana Gold Board (GoldBod) has directed six licensed gold service providers to report to its head office in Accra as part of a routine compliance exercise aimed at ensuring adherence to financial and operational regulations in the gold trading sector.
In a compliance notice issued under section 43 of the Ghana Gold Board Act, 2025 (Act 1140), the Board said its Compliance Directorate is undertaking an assessment to verify that Gold Service Providers are operating in line with applicable laws.
“The Compliance Directorate is carrying out a routine exercise to ensure financial and operational compliance with applicable enactments by Gold Service Providers,” the statement said.
Directors or owners of the affected companies have been instructed to appear at GoldBod’s head office on Thursday, February 12, 2026, at 10:00 a.m. to assist with the exercise.
The companies listed in the notice are:
- Max-Palasco Limited
- S-Seven Hills Enterprise
- Passion Gold Limited
- IBF Mineral Resource Limited
- Maabisco Multipurpose Enterprise
- Gastonesin Enterprise
GoldBod emphasised its commitment to strengthening oversight in the gold sector and enforcing compliance across the industry.
“The GoldBod remains committed to enforcing the laws and regulations that govern the gold trading sector in the spirit of accountability and transparency,” the statement, signed by the Compliance Directorate, said.
The exercise forms part of broader efforts by the Board to formalise and regulate Ghana’s gold trade.
Source: classfmonline.com
Trending Business

Ghana records sharp decline in food inflation under Feed Ghana Programme
12:25
KGL Group CEO calls for African business champions to drive continental prosperity
12:08
GTA clarifies service charges and taxes for restaurants
06:57
Dr Johnson Asiama’s BoG leadership: Cedi gains, economic growth and business confidence
16:09
Ketu North MP receives customised footwear, pledges support for youth entrepreneurship
15:04
Obeng questions capacity, cost and penalties under Marine Cargo Act
00:01
APD26: Nana Oye Bampoe Addo calls for stronger AfCFTA support for women traders
09:56
GOLDBOD summons 6 gold service providers over compliance checks
19:57
GOLDBOD begins local refining of ASM gold as Gold Coast Refinery operations take off
00:54
IEAG proposes reforms as GOLDBOD practices raise concerns for private operators
18:01


