General News of Saturday, 29 March 2025
Source: www.ghanawebbers.com
Parliament has passed the Ghana Gold Board Bill 2025. This bill aims to reshape the gold industry. It will create a regulatory body for gold purchases, sales, and exports.
The government believes this bill will improve transparency and traceability. It also aims to boost foreign exchange earnings and stabilize the cedi.
The bill was approved after intense debate. The Minority opposed it strongly. Critics worry that the Gold Board could legitimize illegal mining, known as galamsey.
Majority Leader Mahama Ayariga defended the bill. He praised Parliament’s efforts in passing it. He called it a landmark moment in Ghana’s legislative history.
“Mr. Speaker, this is historic legislation,” he said. “Those who worked through the night should be proud.”
Ayariga added that they have justified Ghanaians' trust in them. He noted that a 24-hour economy has started in Parliament.
His statement sparked discussions beyond the bill itself. It relates to a broader political debate about a 24-hour economy in Ghana.
The government's push for extended economic activity is divisive. Some question its feasibility given current economic challenges.