Member of Parliament for Amenfi Central in the Western Region, Hon. Joana Gyan Cudjoe, has dismissed claims that GoldBod, a major player in Ghana’s gold trading sector, is laying off workers. In a recent interview on JoyNews’ Upfront program via Zoom, she clarified that the company is merely enforcing regulatory compliance in response to concerns about the conduct of some foreign traders operating in the country.
Hon. Gyan Cudjoe emphasized that GoldBod is not sacking anyone, but rather, the company is ensuring that all traders operating in Ghana comply with the country’s laws and regulations. She stated, “GoldBod is not sacking anyone; if you want to work in Ghana, abide by the rules.” The MP highlighted the need to protect Ghana’s natural resources and ensure that all actors in the sector operate within the framework of the country’s laws.
The MP, who represents a constituency heavily involved in gold mining, maintained that the enforcement measures are not targeted at any specific group but are meant to uphold ethical business practices and national interest. She emphasized the importance of ensuring that all traders, including foreign entities, operate in a manner that respects Ghana’s laws and regulations.
Hon. Gyan Cudjoe’s remarks come amid rising concerns over illegal mining activities and the alleged exploitation of Ghana’s mineral wealth by some foreign entities. The government has intensified efforts to sanitize the gold trading sector, and GoldBod’s actions are seen as part of this broader initiative. The MP’s statement has been welcomed by many Ghanaians who believe that the country’s natural resources should be protected and utilized for the benefit of all citizens.
Social media reactions to her statement have been largely supportive, with users praising the move as necessary to curb the misuse of the nation’s resources. Many Ghanaians have expressed concern over the activities of some foreign traders in the gold sector, and the MP’s statement has been seen as a welcome step towards addressing these concerns.
Hon. Joana Gyan Cudjoe’s statement on GoldBod’s actions in enforcing regulatory compliance in the gold trading sector has been welcomed by many Ghanaians.
The MP’s emphasis on the need for all traders to respect Ghana’s laws and regulations is a timely reminder of the importance of protecting the country’s natural resources. As the government continues to intensify efforts to sanitize the gold trading sector, it is expected that more companies will follow GoldBod’s example in ensuring compliance with regulatory requirements.
