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Ghana Gold Board announces commencement of Gold trading licence renewals

Ghana Gold Board announces commencement of Gold trading licence renewals

The Ghana Gold Board (GoldBod) has announced the commencement of GoldBod buying licence renewals.

According to the statement, it cited that those current licences are due to expire within the next three (3) months and that the licence renewal process will commence on Monday, May 25, 2026.

It noted that all renewal applications shall be submitted exclusively through the official GoldBod online licensing portal: www.goldbod.gov.gh/licensingl.

The GoldBod expressed that, as part of the renewal assessment process, applicants will be required to satisfy the applicable eligibility requirements, including the minimum trading volume thresholds.

This includes, "T1 Licence Holders: Minimum trading volume of 2 kilograms (2kg) within the preceding twelve (12) months.

"T2 Licence Holders: Minimum trading volume of 5 kilograms (5kg) within the preceding twelve (12) months.

"Self-Finance Aggregator Licence Holders: Minimum trading volume of one metric tonne (1 tonne) within the preceding twelve (12) months."

It further added that the above applicants must have remained in full compliance with the terms and conditions of their existing licences and must not have been in breach of any applicable regulatory or licensing obligations.

However, it noted that where a renewal application is duly submitted and the applicable renewal fee has been paid, the licence holder may be permitted to continue trading pending the final determination of the renewal application by GoldBod.

The GoldBod reserved the right to request additional information or documentation as may be necessary for the assessment of the renewal application.

The statement concluded that all licence holders are accordingly advised to take note of the foregoing and ensure timely compliance.

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