Small-Scale Gold Exports Reach $11.6 Billion Amid Local Processing Support

Accra:Small-scale gold exports have reached $11.6 billion as former President John Mahama endorses the local testing and refining of gold. This move is seen as a significant step towards enhancing the value of Ghana's gold industry.

According to Ghana Web, the development is part of a broader initiative to bolster the country's gold sector. Mahama's support for local gold processing aims to ensure that more value is retained within the nation, thereby benefiting the local economy.

In related news, GoldBod reforms have reportedly created 4,866 jobs. The reforms are part of efforts to maximize the contributions of the gold sector to Ghana's economic development. Additionally, Mahama has praised GoldBod's policy, which has successfully increased gold exports by 40 tonnes, further solidifying the country's position in the global gold market.

Meanwhile, other issues have also captured public attention. The trial of the former NAFCO boss has been adjourned for a month, and the National Patriotic Party (NPP) has called on the Criminal Investigations Department (CID) to investigate allegations of sexual abuse at Obuasi Senior High Technical School.

Furthermore, the minority in parliament is challenging the records presented by Okudzeto Ablakwa concerning the evacuation of South Africans, and a court case involving 3.9 tonnes of cocaine has been postponed to November 5. The political landscape is also heating up as the NPP claims to have 35 scandals involving the National Democratic Congress (NDC) to reveal before the 2028 elections.