GOLDBOD to begin nationwide inspection of jewellers, refiners over licensing breaches

The Ghana Gold Board (GOLDBOD) has announced the start of a nationwide inspection exercise targeting jewellery manufacturers, gold fabricators and refineries operating without valid licences.
In a compliance notice dated 28 January 2026, the Board said it has become aware that some operators within the sector are carrying out business without authorisation, contrary to the law.
GOLDBOD stressed that only duly licensed individuals and companies are permitted to engage in gold trading, jewellery manufacturing, gold fabrication and gold refining in Ghana. It warned that operating without a valid licence constitutes an offence punishable under Act 1140.
The Board recalled that in a press statement issued on 22 October 2025, all existing jewellery manufacturers, fabricators and gold refineries were directed to regularise their operations by 31 December 2025. That deadline has since expired.
“As part of enforcement, a team of GOLDBOD inspectors will be deployed from Monday, 2 February 2026, to ensure that only duly licensed persons are engaged in these activities,” the notice said.
GOLDBOD also announced that a number of companies have successfully met the regulatory requirements and have been granted jewellery and fabrication licences.
They are 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.
The Board congratulated the companies and encouraged other operators in the sector to take steps to regularise their status.
The notice, signed by the Compliance Directorate of GOLDBOD, said the Board remains committed to enforcing laws governing the gold trading and jewellery sector in the interest of accountability and transparency.