The Ghana Gold Board (GoldBod) has announced a nationwide compliance operation targeting jewellery manufacturers, gold fabricators and refineries operating without valid licences, warning that offenders will face prosecution under the law.
In a formal compliance notice dated January 28, 2026, GoldBod disclosed that it has received reports indicating that some players in the jewellery and gold processing sector are operating illegally without authorisation from the Board.
According to the notice, only duly licensed persons and companies are permitted to engage in gold trading, jewellery manufacturing, gold fabrication and gold refining in Ghana. Any individual or entity found operating outside this legal framework is committing an offence punishable under Act 1140.
GoldBod further recalled that as far back as October 22, 2025, it issued a public statement directing all existing jewellery manufacturers, fabricators and gold refineries to regularise their operations by December 31, 2025. That deadline has since elapsed.
“As a result, a team of GoldBod inspectors will be deployed nationwide from Monday, February 2, 2026, to ensure that only licensed persons are engaged in these activities,” the notice stated.
The enforcement exercise is expected to affect hundreds of small and medium-scale operators within the jewellery and gold value chain, many of whom have historically operated outside formal regulatory structures.
In a move that signals both enforcement and encouragement of compliance, GoldBod used the opportunity to publicly recognise companies that have successfully obtained the required licences to operate. The approved entities include:
1.Sourcechain Enterprise
2.Shepaj Limited Company
3.Koshuuz Enterprise
4.M.J. Jewellery Limited Company
5.Mahmoud’s Jewellery Limited
6.Agyaba Jewellery
7.Gold Casting
8.Goldlovers Gh Limited
9.Wappahs Jewellery
10.Mahalaxmi Ghana Limited
11.Sahara Jewellery Limited Company
The Board congratulated these firms for meeting the regulatory requirements and setting an example for others in the sector.
The notice, signed by the Compliance Directorate of the Ghana Gold Board, reaffirmed the institution’s commitment to enforcing laws governing the gold trading and jewellery sector “in the spirit of accountability and transparency.”
With inspectors set to begin field operations from February 2, unlicensed operators now face a stark choice: regularise their operations or risk closure and possible prosecution.
