The Acting Chief Executive Officer of the Precious Minerals Marketing Company (PMMC), Sammy Gyamfi, has on Tuesday, March 18, 2025, met with the leadership of some stakeholders in the finance industry over the operational framework of the soon-to-be-established GoldBod.
The meeting, under the direction of the Minister of Finance and the Governor of the Bank of Ghana (BoG), was attended by leadership of the Ghana Chamber of Bulk Oil Distributors (CBOD), Ghana Association of Forex Bureaux (GAFORB), as well as representatives from the Financial Markets Department and Other Financial Institutions Department of the BoG.
The gathering saw the discussion of opportunities for collaboration between the GOLDBOD, CBOD, GAFORB and BoG with the aim of ensuring exchange rate stability in line with the vision of President John Dramani Mahama.
The GoldBod, upon its establishment, shall restructure the gold trading sector and optimise national benefits, particularly through the mobilization of foreign exchange and the accumulation of gold reserves to strengthen the Ghana cedi and economy as a whole.
The technical committee charged to draft the policy proposal for the establishment of the Board has commenced engagements with stakeholders in the gold value chain, explaining the role of the Board and soliciting ideas from them to that effect.
According Sammy Gyamfi, the team intends to “continue these strategic engagements to foster strong partnerships with all stakeholders for the realization of the objects of the GOLDBOD.”
GoldBod is a brainchild of small-scale miners; let’s support it – Association President
