The Ghana Gold Board (GoldBod) has sole authority and exclusive rights to buy, sell, weigh, grade, assay, value, and export gold and other precious minerals in Ghana.
It functions under the oversight and supervision of the Ministry of Finance and has a statutory obligation to publish quarterly reports and trade reports.
GoldBod is currently under public scrutiny over trading losses in 2025, which it denies.
- Related articles
- GoldBod makes GH¢5.4bn surplus - CEO rejects Minority's loss claim
- Minority demands answers to GH¢22bn GoldBod loss
- GoldBod made over $1.7bn loss from gold trading - Minority in Parliament alleges
- GoldBod reports GH¢5.44 billion surplus, dismisses Minority claims of losses
On Tuesday, August 25, 2026, the Institute of Economic Research and Public Policy (IERPP) in a press statement demanded "urgent answers" from GoldBod over reports that its previously published quarterly trading reports are no longer readily accessible on its website.
The IERPP indicated that it was not merely an issue of website management and that it was a matter of transparency, accountability and compliance with the law governing an institution entrusted with Ghana’s strategic gold resources and significant public financial interests.
The civil society organisation said the unavailability of the report appears to conflict with Section 42 of the Ghana Gold Board Act, 2025 (Act 1140), which mandates GoldBod to publish quarterly reports covering its operations, expenditures, revenue, and responsible sourcing.
The IERPP in the press statement stressed that the law does not simply require a one-time upload, but continuous, meaningful public and historical access to the documents.
It claimed that the reports were taken down right as contradictions emerged between local statements and the International Monetary Fund (IMF).
Attached below is a full copy of the IERPP statement
The Institute of Economic Research and Public Policy (IERPP) in demanding answers from GoldBod over reports that previously published quarterly trading reports are no longer readily accessible on its website said the reported removal goes beyond a website management issue and raises concerns about transparency, accountability and compliance with the law governing an institution responsible for a significant part of Ghana’s gold trade.
IERPP is therefore calling on GoldBod to explain who authorised the removal of the reports, when they were taken down, why they were removed, and whether any figures contained in them were subsequently changed.
“If the reports were removed, GoldBod must tell Ghanaians who authorised their removal, when they were removed, why they were removed, and whether any figures were subsequently changed,” the Institute said.
IERPP's concerns centre on Section 42 of the Ghana Gold Board Act, 2025 (Act 1140), which requires GoldBod to publish quarterly reports on its activities for the purposes of transparency and accountability.
The reports are required to cover areas including the Board’s operations, revenue, contracts, expenditure, as well as responsible sourcing and traceability.
The Institute further points to Section 42(2), which requires GoldBod to ensure access to reports published under the provision.
IERPP argues that the requirement therefore goes beyond simply publishing a report and requires the information to remain meaningfully accessible to the public.
The Institute says the issue is particularly important because GoldBod itself requires market participants to comply with reporting obligations.
Attached below are however, copies of the statutory quarterly reports of Goldbod from April 2025 to March 2026 downloaded from the Goldbod website. That of trade reports are, however, not available on the site as of Wednesday evening, August 26, 2026, when Graphic Online checked.
Writer's email:
Follow @enochfrimpong Follow @Graphicgh
