Finance

Minority stages walkout as Parliament passes Ghana Gold Board Bill 2025

In the early hours of March 29, 2025, the Parliament of Ghana passed the Ghana Gold Board Bill, 2025, prompting a walkout by the Minority Caucus in protest.

The Member of Parliament (MP) for Ketu North, Eric Edem Agbana, confirmed the passage of the bill in a social media post on March 29, 2025, revealing that the Minority staged a walkout at around 3:10 AM in opposition to its approval.

The proceedings were chaired by the Second Deputy Speaker of Parliament, Andrew Asiamah Amoako, who also serves as the MP for Fomena.

The session included discussions on budget allocations and key legislative proposals, including the controversial Ghana Gold Board Bill.

The Ghana Gold Board Bill 2025 was introduced to establish a regulatory body responsible for overseeing the buying, selling, and export of gold in Ghana.

The proposed Gold Board is expected to formalize gold trading within the small-scale mining sector, enhance traceability, and boost Ghana’s efforts to secure London Bullion Market Association (LBMA) certification.

The government argues that the board will play a critical role in generating foreign exchange and streamlining operations within the gold industry.

Following its introduction, the First Deputy Speaker of Parliament, Bernard Ahiafor, referred the bill to the Finance and Lands and Natural Resources Committees for review before final approval.

“Honourable members, the Ghana Gold Board Bill 2025 is presented and read for the first time and accordingly referred to the Finance Committee for consideration and reports,” Ahiafor announced.

Despite strong opposition from the Minority Caucus, the bill was eventually passed.

 

Source: www.ghanaweb.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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