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Ghana Bans Foreigners From Local Gold Market to Boost Foreign Exchange Reserves & Stabilize Currency

Ghana Bans Foreigners From Local Gold Market to Boost Foreign Exchange Reserves & Stabilize Currency

Sputnik Africa

Ghana Bans Foreigners From Local Gold Market to Boost Foreign Exchange Reserves & Stabilize CurrencyEffective May 1, 2025, the Ghana Gold Board (GoldBod)... 15.04.2025, Sputnik Africa

2025-04-15T11:44+0200

2025-04-15T11:44+0200

2025-04-15T12:24+0200

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Ghana Bans Foreigners From Local Gold Market to Boost Foreign Exchange Reserves & Stabilize CurrencyEffective May 1, 2025, the Ghana Gold Board (GoldBod) will exclusively regulate artisanal gold mining. Foreigners must exit the gold trading market by April 30, 2025, but can apply to GoldBod to buy gold directly.GoldBod's creation and the ban on foreign gold trading are seen as President John Mahama's first step to control the sector and fulfill anti-"galamsey" campaign promises.Subscribe to @sputnik_africa Sputnik Africa | X

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