GoldBod to Crack Down on Unlicensed Jewellery Makers, Refineries from February 2

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The Ghana Gold Board (GoldBod) has announced a nationwide crackdown on unlicensed jewellery manufacturers, fabricators, and gold refineries, beginning Monday, February 2, 2026.

In a statement issued by its Compliance Directorate, GoldBod warned that operators conducting gold-related businesses without valid licences will face legal action as inspection teams begin enforcement across the country.

The Board said the exercise is aimed at ensuring strict compliance with existing regulations and safeguarding the integrity of Ghana’s gold trading sector.

“Only duly licensed persons are authorised to engage in gold trading, jewellery manufacturing, gold fabrication, and gold refining businesses in Ghana,” the statement stressed.

GoldBod noted that despite earlier directives, some operators have failed to regularise their operations. It recalled that on October 22, 2025, the Board issued a public notice directing all existing jewellery manufacturers, fabricators, and gold refineries to regularise their operations by December 31, 2025.

According to GoldBod, inspections will commence nationwide from February 2, 2026, to identify and sanction non-compliant entities.

The Board cautioned that operating without a licence constitutes an offence punishable under Act 1140.

GoldBod also commended companies that have successfully complied with licensing requirements. These include Sourcechain Enterprise, Shepaj Limited Company, Koshuuz Enterprise, M.J. Jewellery Limited Company, Mahmoud’s Jewellery Limited, Agyaba Jewellery, Gold Casting, Goldlovers GH Limited, Wappahs Jewellery, Mahalaxmi Ghana Limited, and Sahara Jewellery Limited Company.

Reaffirming its mandate, GoldBod said it remains committed to enforcing laws governing the gold trading sector “in the spirit of accountability and transparency.”

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