Sammy Gyamfi is the CEO of GoldBod
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.
