GoldBod trading initiative has created over 1,300 jobs – Sammy Gyamfi
By Ashiadey Dotse The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has told the Public Accounts Committee (PAC) that the government’s gold trading initiative has created more than 1,300 jobs across the public and private sectors. Speaking before the committee on Tuesday, October 13, 2026, Mr Gyamfi said the initiative had […]
Sammy Gyamfi, Chief Executive Officer of the Ghana Gold Board (GoldBod), testified to the Public Accounts Committee (PAC) that the government's gold trading initiative has generated over 1,300 jobs. Speaking on Tuesday, October 13, 2026, Mr Gyamfi stated that the initiative had created at least 300 public sector positions, while the private sector had also benefited from employment opportunities resulting from reforms in the gold-buying business.
The private sector jobs were attributed to the implementation of varied gold-buying license categories, the activities of licensed aggregators, and the involvement of local refineries to process gold. Mr Gyamfi revealed that the Tier 2 category alone had more than 700 license holders, many of whom provided employment to between three and five individuals.
He emphasized that these license holders were contributing to youth employment and that eligible gold buyers could access financing indirectly through licensed aggregators. Furthermore, refineries contracted to process gold locally had also contributed to job creation. However, Sammy Gyamfi noted that the figures presented to the committee were preliminary and indicated that the Board would release official data on the number of jobs created by the initiative by December 2026.
Written by urgent.news from GBC Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
