Nat’l Tymes News Desk
THE GHANA Gold Board (GoldBod) has announced the immediate suspension of new applications for some gold buying licences as part of major reforms to improve Ghana’s gold trading system.
In a press release dated February 16, 2026, GoldBod said the decision affects applications for Tier 1 and Tier 2 buying licences, as well as the Self-Financing Aggregator Licence. The suspension takes effect immediately.
According to GoldBod, the move is part of a broader plan to modernise and strengthen the country’s gold buying framework. The Board explained that the reforms are aimed at making the system more efficient, transparent, and better regulated.
“The Ghana Gold Board (GoldBod) has announced the immediate suspension of applications for specific categories of gold buying licences as part of a strategic reform process aimed at strengthening and modernising Ghana’s gold buying regime,” the statement said.
The announcement is expected to pave the way for new measures that will enhance oversight and improve operations within Ghana’s gold trading sector.
Industry watchers say the reforms could help boost investor confidence and ensure a more organised and accountable gold market in the country.
Source: Nationaltymes.com
