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RoyalNews360 Blog of Saturday, 17 May 2025
Source: Boateng Kakape Nana
Member of Parliament for Amenfi Central in the Western Region, Hon. Joana Gyan Cudjoe, has dismissed claims that GoldBod, a major player in Ghana’s gold trading sector, is laying off workers. Speaking in an interview on JoyNews’ Upfront program via Zoom, she clarified that the company is merely enforcing regulatory compliance in response to concerns about the conduct of some foreign traders operating in the country.
“GoldBod is not sacking anyone; if you want to work in Ghana, abide by the rules,” Hon. Gyan Cudjoe emphasized during the discussion on the implications of the company’s recent crackdown on foreign gold traders.
The MP, who represents a constituency heavily involved in gold mining, highlighted the need to protect Ghana’s natural resources and ensure that all actors in the sector operate within the framework of the country’s laws. She maintained that the enforcement measures are not targeted at any specific group but are meant to uphold ethical business practices and national interest.
Her remarks come amid rising concerns over illegal mining activities and the alleged exploitation of Ghana’s mineral wealth by some foreign entities. The government has intensified efforts to sanitize the gold trading sector, and GoldBod’s actions are seen as part of this broader initiative.
Social media reactions to her statement have been largely supportive, with users praising the move as necessary to curb the misuse of the nation’s resources.