Ghana's gold-buying scheme lost $1.7bn propping up reserves in 2025, IMF says

What it is about

Who published it, and when

How it spread - 15 original reports

1. Thu, 6 August 2026

   1 report
   • bne IntelliNews08:55first to report
     Ghana's gold-buying scheme lost $1.7bn propping up reserves in 2025, IMF says

     The losses equalled 1.5% of Ghana's GDP and were almost entirely tied to the central bank's purchases of doré gold under its Gold for Reserves (G4R) initiative.

2. Wed, 19 August 2026

   1 report
   • bne IntelliNews05:41
     Ghana leapfrogs US to enter world's top six gold producers

     Ghana produced a record 5.94mn ounces of gold in 2025. Small-scale mining accounted for 52.38% of total production, overtaking large-scale operations for the first time.

3. Mon, 24 August 2026

   1 report
   • miningmx.com14:51
     Cash crunch hits Ghana’s state gold-buying scheme

     URL changednow www.miningmx.com/news/gold/66653-cash-crunch-hits-ghanas-state-gold-buying-scheme/

     Companies licensed to buy gold for Ghana’s GoldBod face funding delays of up to three weeks, Reuters reported. Some have stopped buying gold. Others are borrowing to keep trading. The squeeze follows the Bank of Ghana’s withdrawal from financing GoldBod purchases. Ghana, Africa’s largest gold producer, created GoldBod in 2025. It gave the agency exclusive […]

4. Tue, 25 August 2026

   2 reports
   • miningmx.com09:20
     Gold Fields flags Ghana risk as profits surge

     URL changednow www.miningmx.com/news/gold/66687-gold-fields-flags-ghana-risk-as-profits-surge/

     Gold Fields has warned that uncertainty over the renewal of mining leases at its Tarkwa mine in Ghana could have a “material and adverse” impact on the company. This caution comes as higher gold prices and stronger production drove a sharp increase in profit for the six months ended 30 June 2026. The gold producer […]

   • theheraldghana.com14:00
     Parliament to scrutinise GH¢22bn DGPP loss controversy – Bagbin - The Herald ghana

     Speaker of Parliament Alban Bagbin said the exercise would help establish whether the amount represents an actual financial loss or a policy cost associated with the implementation of the programme. Parliament is set to scrutinise the reported US$1.7 billion loss, estimated at about GH¢22 billion, linked to the Domestic Gold Purchase Programme (DGPP). His comments […]

5. Wed, 26 August 2026

   2 reports
   • ghanamma.com22:41
     GH¢1.7bn GoldBod loss misconstrued – IEA
   • graphic.com.gh23:00
     Public policy research institute demands answers from GoldBod over 'missing' trade reports from website

     Public policy research institute demands answers from GoldBod over 'missing' trade reports from website

6. Sat, 29 August 2026

   2 reports
   • riotimesonline.com05:51
     Ghana Orders Gold Refined at Home, With No Accredited Refinery

     Ghana gold refining becomes compulsory for aggregators from 1 September, though none of the licensed plants holds London Good Delivery accreditation.

   • thereporterethiopia.com09:00
     Regulatory Gaps Stifle Ethiopia’s Critical Minerals Industry Despite Record Revenue Figures

     A continuous review of the Ministry of Mines’ online cadaster platform presents a striking visual representation of Ethiopia's subsoil wealth. The digital

7. Mon, 31 August 2026

   2 reports
   • thebftonline.com12:00
     Gold Fields Ghana should be allowed to continue operating Tarkwa Mine

     The debate over the future of the Tarkwa Mine as the current mining arrangements approach their 2027 expiry is one that deserves serious, objective and national discussion.

   • ghanaiantimes.com.gh17:20
     GoldBod concerns are about implementation, not individuals- Afenyo-Markin

     Minority Leader in Parliament, Alexander Afenyo Markin, has denied that his concerns over the GoldBod and the Domestic Gold Purchase Programme are aimed at any particular individual. He explained that his criticism has always been directed at the institution and the way the programme is being implemented, rather than at any person. “I have never, …

8. Tue, 1 September 2026

   1 report
   • theheraldghana.com00:35
     Ghana’s GH¢46.1bn trade surplus masks real deficit – GSS - The Herald ghana

     Ghana recorded a GH¢46.1 billion trade surplus in the first quarter of 2026, but the impressive figure masks a real trade deficit driven largely by higher commodity prices, the Ghana Statistical Service (GSS) has disclosed. The country exported goods worth GH¢110.3 billion between January and March 2026, compared with imports of GH¢64.2 billion, according to […]

9. Wed, 2 September 2026

   2 reports
   • bne IntelliNews13:23
     Ghana’s GoldBod targets $1.4bn September FX generation for bank liquidity, reserves

     For investors, the significance lies in whether GoldBod can provide a durable source of FX liquidity while helping the central bank rebuild buffers against external shocks.

   • thebftonline.com17:53
     COCOBOD settles GH¢2.3bn, completes 2026 DDEP bond obligations

     The Ghana Cocoa Board (COCOBOD) has settled GH¢2.31 billion to complete its mandatory payment obligations to holders of bonds affected by the Domestic Debt Exchange Programme (DDEP) for 2026.

10. Fri, 4 September 2026

    1 report
    • Al Jazeera English01:29
      Ghana tightens gold exports in push to keep more value at home

      The move is part of a broader effort to develop Ghana’s gold industry beyond raw exports.