Ghana IntelBrief
Back to Latest Briefings
GoldBod crowned State-Owned Enterprise of the Year at PELT Awards
March 20, 2026
AI-Enhanced

GoldBod crowned State-Owned Enterprise of the Year at PELT Awards

Money
Policy
Opportunity
Growth

Key Points

  • The Ghana Gold Board (GoldBod) was named State-Owned Enterprise of the Year at the Public Enterprise League Table (PELT) Awards.
  • GoldBod achieved a triple win, also securing Overall Best Specified Entity and Most Profitable State-Owned Enterprise.
  • The awards, organized by SIGA, recognize excellence, efficiency, and strong financial performance among state-owned entities.
  • This success highlights GoldBod's growing influence and effectiveness within Ghana's economic and extractive sector.
  • The achievement is expected to boost investor confidence and reinforce GoldBod's role in Ghana's resource management and economic transformation.

Why This Matters

GoldBod's recognition as a top-performing and most profitable state-owned enterprise is significant for Ghana as it underscores effective management of a critical national resource – gold. This success can enhance investor confidence in Ghana's extractive sector and public institutions, potentially attracting further investment and contributing to national revenue and economic stability.

Read Full Article

View original source

Related Articles

Abu Trica rushed to Police Hospital as lawyer raises concerns over access to client

July 8, 2026

Abu Trica rushed to Police Hospital as lawyer raises concerns over access to client
  • Frederick Kumi (Abu Trica) has been rushed to the Police Hospital, according to his lawyer, Oliver Barker-Vormawor.
  • His legal team has been denied access to him for over a week, and they are unaware of his current detention location, with Interpol denying custody.
  • Barker-Vormawor plans to file a habeas corpus application if authorities continue to deny Abu Trica his right to legal representation.
  • The lawyer criticized the treatment of Ghanaian citizens in cases involving foreign law enforcement agencies, likening it to treating them as 'animals'.
  • Abu Trica faces extradition to the United States over an alleged $8 million romance scam and wire fraud scheme.
Read full briefing

GRA gives Electrochem seven days to settle GH¢6.8m tax debt or face sanctions

July 8, 2026

GRA gives Electrochem seven days to settle GH¢6.8m tax debt or face sanctions
  • The Ghana Revenue Authority (GRA) has issued a seven-day ultimatum to Electrochem Ghana Limited to settle an outstanding tax liability of GH¢6.8 million.
  • As an enforcement measure, GRA officers sealed off the company's administration block at Ada on July 8.
  • The tax arrears date back to 2021, initially totaling GH¢8.8 million with interest, though a GH¢200,000 payment was made by the company.
  • The GRA chose not to fully shut down operations to allow the company to continue working and raise funds for the remaining balance.
  • This action is part of the GRA's intensified enforcement drive to improve revenue mobilization and meet its annual collection targets.
Read full briefing

Akandoh mourns Sefwi Sayerano shooting victims, calls for justice

July 8, 2026

Akandoh mourns Sefwi Sayerano shooting victims, calls for justice
  • Health Minister and Juaboso MP, Kwabena Mintah Akandoh, expressed condolences for a fatal shooting incident in Sefwi Sayerano.
  • The incident, which occurred during a police attempt to arrest a suspected drug peddler, resulted in three deaths and two injuries.
  • A confrontation between police officers from the Sefwi Wiawso Divisional Police Command and residents led to the shootings.
  • Mr. Akandoh called for justice and adherence to legal processes, urging that the law take its course.
  • He also criticized minority MPs for allegedly politicizing the tragic event.
Read full briefing