The Ghana Gold Board (GoldBod) has announced the immediate suspension of applications for selected categories of gold buying licences as part of a strategic reform process aimed at strengthening and modernising Ghana’s gold trading regime.

In a statement dated February 16, 2026, GoldBod said the suspension affects new applications for Tier 1 and Tier 2 buying licences, as well as the Self-Financing Aggregator Licence.

“The suspension takes immediate effect,” the Board stated, adding that during this period, “the Aggregator Licence will be the only gold trading licensing category open for new applications.”

The Board, however, assured stakeholders that applications submitted before the announcement will not be affected. “Applications already submitted will continue to be processed,” GoldBod noted, indicating that it will expedite the review and issuance of pending licences, provided applicants meet all regulatory requirements and have fulfilled the necessary fee obligations.

According to the statement, the directive forms part of broader measures to facilitate impending reforms to the national gold buying framework.

“The reforms are designed to enhance transparency, improve compliance, strengthen traceability, and ensure greater value retention within Ghana’s gold trading ecosystem,” the Board explained.

GoldBod reaffirmed its commitment to collaboration with stakeholders across the gold value chain.

“We remain committed to building a robust, accountable and internationally competitive gold trading regime that safeguards the national interest,” the statement concluded, adding that further updates on the revised licensing framework will be communicated in due course.