GoldBod making ‘tremendous progress’ in formalising Ghana’s gold trade – Sammy Gyamfi
The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, says the institution is making tremendous progress and delivering efficiently on its mandate.
Sammy Gyamfi, CEO of the Ghana Gold Board (GoldBod), asserts that the organization is making significant strides in formalizing Ghana's gold trade and delivering on its mandate. Speaking on JoyNews, Mr. Gyamfi highlighted key achievements since assuming responsibility, including the formalization of the domestic gold market and efforts to maximize value from Ghana's gold resources.
He emphasized that GoldBod's performance should be measured against its mandate and the outcomes it has achieved. The institution is focused on enhancing oversight of the gold trading sector while ensuring that more value from Ghana's gold remains within the domestic economy. GoldBod's expanding role in formalizing gold trading, licensing and monitoring market participants, and improving traceability within the sector are some of the measures supporting its mandate.
Additionally, the Board is working to bolster Ghana's standing in the international gold market and ensure the sector contributes more substantially to the country's foreign exchange and economic stability. Mr. Gyamfi believes the progress made by GoldBod underscores the importance of an institution dedicated to managing Ghana's gold resources and fortifying the domestic gold industry.
He reiterated that the Board will continue to capitalize on these advancements and implement further measures to deliver greater benefits to Ghanaians.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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