President John Mahama displaying the GoldBod Act instantly after assenting to it
President John Dramani Mahama has reassured that the organising of GoldBod and the passage of its establishing act will be certain that Ghana’s mining sector is streamlined.
It would additionally allow the nation to derive extra worth for cash from gold exports, he mentioned.
In a video time-lining the beginnings of the organising of the GoldBod, to the ultimate signing of the presidential assent to again the act handed on Friday, March 28 by Parliament, President Mahama declared; “That is the GoldBod Act. This units up the GoldBod that may streamline Ghana’s gold sector, together with our exports, to guarantee that Ghana earns extra worth for cash from our gold mining exports.”
The video begins with the transitioning of the nationwide assayer, the Valuable Minerals Advertising Firm, into the Ghana Gold Board or GoldBod, and particulars main occasions, together with the inauguration of the technical committee that labored to ascertain the GoldBod, stakeholder engagements, in addition to parliament’s studying and passage of the GoldBod invoice.
The GoldBod is a monopoly in gold buying and selling and export, with regulatory powers restricted to making sure compliance by its personal licensed brokers.
Watch the video under.
Learn additionally:
Sammy Gyamfi rebuts claims of rushed GoldBod Bill process
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