The Ghana Gold Board (GoldBod) has begun the nationwide enforcement of mandatory receipts for all gold transactions carried out by licensed buyers, a move aimed at tightening regulation and boosting transparency in the country’s gold trade.
The directive, which took effect on Monday, August 18, 2025, follows several postponements and a grace period granted to traders to secure the necessary licences to continue operating legally.
According to GoldBod, the issuance of receipts is now a compulsory requirement for all categories of licensed buyers, including aggregators, self-financed aggregators, as well as Tier 1 and Tier 2 buyers.
To monitor compliance, GoldBod has deployed a task force and field inspectors across the country. Licensed buyers are expected to make their receipt booklets available at all times and cooperate fully with inspection teams.
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The Board further urged small-scale miners and gold traders to demand official receipts for every purchase transaction. It warned that failure by licensed buyers to issue receipts would be treated as a serious offence, punishable by sanctions such as suspension or outright revocation of licences.
GoldBod also encouraged any licensed buyers facing difficulties in obtaining receipt booklets to contact its Licensing and Regulatory Unit via dedicated hotlines for assistance.
The enforcement marks a major step in the government’s efforts to streamline Ghana’s gold sector, which has long faced challenges with unregulated trade, revenue leakages, and accountability gaps.
