In response to recent media reports and social media assertions regarding the corporate history and ownership structure of BAWA ROCK COMPANY LTD management wishes to issue a formal clarification to set the record straight for the benefit of the general public, stakeholders, and the international business community.
Over the past few weeks, several reports have circulated suggesting that BAWA rock company LTD is a “newly formed entity,” established merely three months ago to take advantage of the Gold Brokerage (GoldBod) framework.
Furthermore, unsubstantiated claims have attempted to link the company to Joyce Bawa Mogtari, a prominent political figure.
“We wish to state categorically that these claims are factually incorrect, misleading, and appear to be part of a coordinated effort to misinform the public.
A Decade of Operational Excellence
Contrary to the narrative that company was formed three months ago, the company has a robust and verifiable track record spanning nearly ten years.
BAWA rock company LTD has been an active participant in the Ghanaian gold trading ecosystem across successive administrations. Our previous engagements with the New Patriotic Party (NPP) government, as well as other state agencies, have always been conducted under the highest standards of transparency and in full compliance with the regulatory requirements of the Minerals Commission and the Precious Minerals Marketing Company (PMMC).
Our longevity in the sector is a testament to our resilience, expertise, and commitment to ethical trading practices. The transition into the GoldBod framework is not a result of “new formation” but rather an evolution of our long-standing services within the industry.
We find it necessary to address the specific propaganda linking our entity to Madam Joyce Bawa Mogtari.
Management states unequivocally that:
No Ownership Link: Joyce Bawa Mogtari holds no shares, directorship, or any form of beneficial ownership in BAWA rock company LTD.
She has never served as a consultant, advisor, or intermediary for the company in any capacity.
BAWA rock company LTD remains a purely commercial entity, driven by market principles and independent of political interference or “Jandam” (unauthorized/partisan) influence.
The attempts to weave a narrative of political patronage around our operations are not only baseless but are also detrimental to the reputation of a legitimate Ghanaian business that employs dozens of citizens and contributes significantly to the national treasury.
The GoldBod initiative is a critical component of Ghana’s strategy to stabilize the economy and ensure value for our natural resources. BAWA rock company LTD is proud to contribute its ten years of industry experience to this cause.
Our participation is based on merit, institutional capacity, and a proven history of gold aggregation, not on political convenience or overnight incorporation.
“Our focus remains on the professional execution of our mandates. We urge the media and the public to verify corporate records through the Registrar General’s Department before disseminating information that could harm the integrity of private enterprises.” — Management of BAWA rock company LTD
We remain committed to transparency and are open to legitimate inquiries from investigative bodies or media houses that seek the truth. We will not be distracted by partisan propaganda or efforts to politicize the gold trading sector.
