Real Issues GH
Share
Stand by the truth
The Nkwanta North District today observed its Sanitation Day exercise, bringing together key stakeholders and community members in a collective effort to improve sanitation and promote a cleaner environment across the district.
30/09/2026
ANNUAL INTERNAL AUDIT CONFERENCE 2026
Join industry leaders, policymakers, and audit professionals for the Annual Internal Audit Conference 2026, hosted by the Internal Audit Agency.
This year's conference focuses on driving economic resilience, safeguarding public resources, and strengthening institutional controls across Ghana.
Theme: Internal Audit and Ghana's Reset Agenda: Strengthening Controls, Safeguarding Resources, and Driving Economic Resilience
Special Guest: H.E. John Dramani Mahama
Host: Mr Conrad Z. Dumbah
Dates: 19th – 20th November 2026
Venue: UPSA Auditorium, Accra
Time: 8:00 AM daily
Fee: GHS 2,400.00
For Inquiries & Registration:
Contact: +233 24 591 9241 / +233 54 523 5827
DISMANTLING THE FABRICATED SPECIAL AUDIT: A CHEAP POLITICAL WITCH-HUNT AGAINST PROGRESS AT THE NPA
Ghana, Cote d’Ivoire Jointly Commission Newly Constructed Boundary Pillars as Phase 1 Reaffirmation Exercise Ends
Vume Island Community Receives New CHPS Compound to Improve Access to Healthcare
Parliamentary Committee Visits IRECOP in Ho to Assess Waste Management Challenges
NKWANTA NORTH DISTRICT OBSERVES NATIONAL SANITATION DAY
31/08/2026
GoldBod Targets US$1.4 Billion in Foreign Exchange Generation for September 2026
The Ghana Gold Board (GoldBod) is targeting US$1.4 billion in foreign exchange generation in September 2026 as it adopts a new collaborative financing model to support its gold aggregation operations within Ghana’s artisanal and small-scale mining (ASM) sector.
The projected figure forms part of GoldBod’s broader efforts to increase foreign exchange mobilisation from Ghana’s gold resources while supporting stability in the foreign exchange market and strengthening the country’s international reserves.
The development was reported by WoezorNews and has been cross-checked by the KOFI360NEWSGH news desk against reliable sources, including official publications from the Ghana Gold Board.
Under the new financing arrangement, US$700 million of the projected September foreign exchange generation is expected to be made available to commercial banks through spot sales and funded forward arrangements.
Another US$700 million could be channelled to the Bank of Ghana to support reserve accumulation under the Ghana Accelerated National Reserve Accumulation Policy (GANRAP).
The September target follows GoldBod’s reported performance in August 2026, when the institution generated approximately US$1.315 billion in foreign exchange.
Of that amount, about US$668.21 million was sold directly to commercial banks, while approximately US$646.59 million was made available to the Bank of Ghana for reserve accumulation.
The figures indicate the growing role of GoldBod in Ghana’s foreign exchange mobilisation strategy and the government’s broader efforts to use the country’s gold resources to strengthen the economy.
GoldBod has also been transitioning away from its previous arrangement as a buying agent for the Bank of Ghana.
Under its emerging financing model, the Gold Board is seeking to raise financing directly through commercial banks and other financial market participants to support its gold aggregation activities.
GoldBod’s official publications indicate that the institution successfully raised US$75 million directly from commercial banks on August 3, 2026, describing the transaction as an important test of its new market-based financing approach.
The Board has further stated that it no longer relies on funds from the Bank of Ghana to purchase gold on its behalf and is instead moving towards a self-funded model for gold aggregation, export and reserve accumulation.
The financing model is also linked to GoldBod’s wider objective of strengthening Ghana’s position in the global gold value chain while improving the structure and formalisation of the artisanal and small-scale mining sector.
GoldBod has outlined an ASM Formalisation and Financing Support Programme, designed to support licensed small-scale miners through regulatory compliance, capacity building, equipment financing and other mining-related services.
The GoldBod Act, 2025 (Act 1140) also provides a framework for supporting licensed small-scale miners, responsible mining practices, equipment financing and the formalisation of the sector.
If achieved, the US$1.4 billion September target would represent another significant contribution to Ghana’s foreign exchange mobilisation and reserve accumulation efforts.
However, the US$1.4 billion remains a September target or projection and should not be interpreted as foreign exchange already generated.
KOFI360NEWSGH reviewed the report attributed to WoezorNews and cross-checked the key information against reliable media reports and official publications from the Ghana Gold Board.
The news desk also confirmed GoldBod’s recent move towards direct commercial-bank financing and its broader foreign exchange mobilisation strategy.
KOFI360NEWSGH therefore presents the US$1.4 billion figure as a projected September 2026 target, pending the actual performance for the month.
Source: KOFI360NEWSGH
Credit: KOFI360NEWSGH.COM
31/08/2026
Real Issues Gh Newspaper Monday 31th of August 2026 Edition
Ghana to build its biggest power plant since independence – Ato Forson
Contact the public figure
Telephone
Alerts
Be the first to know and let us send you an email when Real Issues GH posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.