The Ghana Gold Board has announced that it will begin a nationwide deployment of inspectors from Monday, February 2, 2026, as part of a coordinated effort to clamp down on jewellery manufacturers, gold fabricators, and refineries operating without the required licences. The exercise is aimed at enforcing compliance within the gold value chain and curbing activities that fall outside the legal framework governing the sector.
The decision follows growing concern by the Board that a number of operators are conducting business without valid authorisation, in violation of the provisions of Act 1140. In a compliance notice issued on January 28, 2026, GoldBod stated that inspection teams will be dispatched across the country to ensure that only individuals and companies that have been duly licensed are permitted to engage in jewellery manufacturing, gold fabrication, and gold refining in Ghana.
The Board reiterated that participation in gold trading and related activities is strictly reserved for entities that have obtained approval from GoldBod, warning that operating without a licence constitutes a criminal offence and attracts sanctions under the law. According to the notice, the upcoming inspections are not a new directive but rather an enforcement step to ensure adherence to earlier instructions issued to industry players.
GoldBod recalled that in a press statement released on October 22, 2025, all existing jewellery manufacturers, fabricators, and gold refineries were given up to December 31, 2025, to regularise their operations and secure the necessary licences. The inspection exercise scheduled to begin in February is intended to confirm compliance with that deadline and take action against operators who failed to do so.
As part of the update, the Board disclosed that several firms have since completed the licensing process and have been granted jewellery manufacturing and fabrication permits. 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.
GoldBod explained that the enforcement operation forms part of a broader strategy to sanitise the gold trading and jewellery manufacturing industry, strengthen regulatory oversight, and promote accountability and transparency across the sector. The Board indicated that it remains committed to ensuring that all actors within the industry operate within the law to protect the integrity of Ghana’s gold value chain.
Source: Citinewsroom
