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Ghana launches GoldBod to regulate gold trade, aiming to boost local economy and ensure fair prices.
Ghana is launching the GoldBod initiative to transform its gold industry, aiming to promote gold investment to reduce reliance on foreign currencies and ensure fair prices for miners through transparent bidding.
The GoldBod, a state monopoly, will regulate and trade gold, focusing on compliance among licensed agents.
It has faced minor concerns about potential conflicts of interest, but extensive consultations with stakeholders ensured its inclusive development.
If successful, the initiative could enhance Ghana's gold industry sustainability and empower local miners.
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Ghana lanza GoldBod para regular el comercio de oro, con el objetivo de impulsar la economía local y garantizar precios justos.