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BoG no longer raises funds for GoldBod as intermediary – Sammy Gyamfi
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MyJoyOnline
GoldBod CEO, Sammy GyamfiThe Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, says the Bank of Ghana (BoG) no longer acts as an intermediary to raise funds for GoldBod’s gold purchasing operations.
He said GoldBod has built the institutional and human resource capacity to independently execute its mandate of buying and selling gold in Ghana, following changes to the structure of the country’s domestic gold purchasing system.
Speaking on Twitter Spaces on Sunday, August 9, Mr Gyamfi said, “Bank of Ghana no longer serves as an intermediary to raise funds for GoldBod.
“GoldBod is no longer a gold-buying agent of the Bank of Ghana.
We are now responsible for the buying and selling of gold in Ghana and the forex to Bank of Ghana,” he added.