Association of Forex Bureau to partner PMMC to tackle gold smuggling

The leadership of the Ghana Association of Forex Bureau met with Sammy Gyamfi, Acting Managing Director of the Precious Minerals Marketing Company (PMMC), to discuss a potential partnership aimed at curbing gold smuggling and strengthening the national currency.

The discussions were described as insightful and fruitful, with plans to involve the Bank of Ghana and the Finance Ministry. Meanwhile, the technical committee working on the establishment of the Ghana Gold Board continues to engage stakeholders to develop a legal and operational framework.

The proposed agency aims to regulate Ghana’s gold marketing industry, supporting President John Mahama’s economic revitalization agenda. Recent engagements with the Chamber of Mines and civil society groups have further contributed to shaping the bill for the Gold Board’s establishment.