R.D. Ackahs & Partners, formally known as Ackahs Goldsmith and Gold Jewellery began during the Gold Coast days in present Ghana as a small gold buying agency and a traditional gold jewellery factory, employing 40 to 50 workers and apprentices to manufacture jewellery, providing smelting and repair services for the colonial market.

Ackahs Goldsmith and Gold Jewellery also manufactured some of Ashanti gold fine art that can be found in museums all over the world today. During the early nineties technological advancement has overtaken the traditional way of manufacturing Jewellery which forced the firm to look for a new direction through the establishment of R.D. Ackahs & Partners Ltd.

In 1989 when the PNDC Law 218 was passed to legalise Small Scale Gold Mining in Ghana, the firm positioned itself as a sustainable gold buying agency, procuring the bulk of its gold from small and medium scale mining companies who owned concessions and mining leases, smelting it and reselling to the local jewellery industries and to foreign investors who exported the gold through the Precious Minerals Marketing Company (PMMC).