By Ruth Serwaa Asare
The Ghana Gold Board (GoldBod) has announced plans to launch its much-anticipated track-and-trace system in the first quarter of 2026. The initiative aims to promote ethical and transparent gold sourcing while eliminating fraud in the country’s gold trade.
Speaking on The Key Points program on TV3, the Chief Executive Officer of GoldBod, Sammy Gyamfi, said the system will revolutionise Ghana’s gold trade by ensuring every gram of gold produced and purchased can be traced to its origin.
“We have given timelines that by the first quarter of next year, we will have a track-and-trace system, which has never happened since Ghana became Ghana. This system will allow us to trace every gram of gold produced in Ghana and purchased by the Gold Board to its source,” he stated.
The track-and-trace system forms part of the Gold Board’s broader agenda to sanitize the gold trade, promote accountability, and enhance regulatory compliance within the mining sector. The initiative is anchored in Section 31X of the Gold Board Act, 2025 (Act 1140), which mandates traceability as a core requirement for gold transactions in the country.
Explaining the rationale behind the move, Mr. Gyamfi noted that gold purchases often take place in offices located in district and regional capitals rather than directly at mining sites, making it difficult to verify the legitimacy of sellers. “When a buyer in Koforidua receives gold nuggets or powder, that person may not have the technology to confirm whether the seller is licensed,” he explained.
President John Dramani Mahama earlier reaffirmed the government’s commitment to promoting responsible and sustainable mining practices. Speaking at the Mining in Motion Summit in June 2025, he announced that GoldBod would soon introduce a track-and-trace system to ensure transparency and ethical gold sourcing across the country.
