In a Small Scale Mining town in Wassa Amenfi East Municipal, a group of gold buyers came together to launch the Wassa Japa Gold Buyers Association (WAJAGBA).
The association aimed to promote fair trade practices, ensure the safety of gold transactions, and advocate for the interests of gold buyers across the country.
The idea for the association was born out of a shared concern among gold buyers about the lack of regulation and standardization in the industry.
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 the traditional leaders of Japah(Nana Atta Baah, Local Council of Churches, Political leaders, Hairdresser and Tailors Ass. Which was also 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.
The WAJAGBA’s objectives include:
1. Establishing a standardized pricing system to prevent exploitation.
2. Creating a database of verified gold sellers to reduce fraud.
3. Providing training and education on gold testing and authentication.
4. Advocating for policies that support the growth of the gold trade.
The association also plans to collaborate with
Traditional leaders, Municipal Assembly, Government Agencies, Mining Companies, and International Organizations to promote responsible and sustainable gold mining practices.
As the 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.
Lastly, the vice chairman of the Association, Collins Anas Quasi appealed to the government and NGO’s to come to their aid to support this good course.