Has the Ghana Gold Board (GoldBod) made losses?

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Answer: No.

a. The GoldBod has not made any losses. The GoldBod has published its quarterly financial reports for the year 2025 and its gold trade report on its official website as required by section 42 of the Ghana Gold Board Act, 2025 (ACT 1140).

b. These reports, which are currently available on www goldbod.gov.gh show that the GoldBod has in 2025 generated revenue of over GHS960 million (unaudited) from its assay fees, license fees, service charges, among others. On the other hand, total expenditure stands below GHS120 million (unaudited).

c. Unaudited year-to-date Management Accounts of the GoldBod show a comprehensive income surplus of over GHS800 million.

d. The 2025 financials of the GoldBod will soon be audited by the Auditor-General. The report on same will be published by the GoldBod by end of the first quarter of 2026.

e. The claim that the GoldBod has made losses is therefore False

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