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The Institute of Economic Affairs (IEA) has disputed claims that the Ghana Gold Board (GoldBod) suffered a GH¢1.7 billion loss through the Bank of Ghana’s Domestic Gold Purchase Programme.According to the IEA, a significant portion of the amount being described as a loss is instead linked to accounting and foreign-exchange valuation differences arising from gold transactions between the Bank of …

President John Dramani Mahama has expressed confidence in the five-member Bawku Revitalisation Committee tasked with supporting the reconstruction of infrastructure and restoring economic activity in the conflict-affected area. The committee is expected to play a key role in the government’s efforts to accelerate development, rebuild affected communities and create conditions for residents to restore their livelihoods. The initiative forms part …

Barely a year after Ghana’s gold-led economic recovery earned plaudits as one of West Africa’s most remarkable turnarounds, the institution at the heart of that transformation—the Ghana Gold Board (GoldBod) is now navigating a fundamentally changed operating environment. From 1 July 2026, the Bank of Ghana ceased pre-financing GoldBod’s gold purchases, transferring all remaining Domestic Gold Purchase Programme activities and …