In Wassa Amenfi East Municipal, a small-scale mining town, a group of gold buyers came together to launch the Wassa Japah Gold Buyers Association (WAJAGBA). The association aims to promote fair trade practices, ensure the safety of gold transactions, and advocate for the interests of gold buyers across the country. Born out of a shared concern among gold buyers about the industry’s lack of regulation and standardization, many had fallen victim to scams, counterfeit gold, and unfair market prices.
The founding members, led by the visionary Mr. Collins, saw an opportunity to create a unified voice for gold buyers and improve the overall trade. The launch event was graced by traditional leaders of Japah (Nana Atta Baah), Local Council of Churches, political leaders, Hairdresser and Tailors Association, and attended by over 100 gold buyers, mining officials, and local authorities. Nana Armah, the association’s chairman, emphasized the importance of transparency, accountability, and cooperation among members. “We want to create a safe and trustworthy environment for gold buyers and sellers to operate,” he declared.
WAJAGBA’s objectives include:
– Standardized Pricing: Establishing a standardized pricing system to prevent exploitation.
– Verified Gold Sellers: Creating a database of verified gold sellers to reduce fraud.
– Training and Education: Providing training and education on gold testing and authentication.
– Policy Advocacy: Advocating for policies that support the growth of the gold trade.
The association plans to collaborate with traditional leaders, Municipal Assembly, government agencies, mining companies, and international organizations to promote responsible and sustainable gold mining practices. As WAJAGBA gains momentum, it is expected to have a positive impact on the gold trade in Ghana, benefiting not only gold buyers but also the local economy and communities.
Contact:
Chairman, Nana Armah: 0548035210
Vice Chairman, Mr. Collins: 0556505849
