The Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi, has identified Ghana’s gold sector as a critical driver of the country’s economic transformation agenda.
Speaking in a recent interview, Gyamfi described his appointment by the President as both unexpected and deeply personal, crediting the President’s vision for placing him in a strategic role despite expectations he would take on a communications position.
He emphasized that gold is central to the government’s “reset agenda,” aimed at maximizing national benefits and strengthening Ghana’s sovereignty over its natural resources. According to him, the strategy goes beyond extraction to include improved trading systems and better retention of foreign exchange earnings.
Gyamfi highlighted persistent challenges such as revenue leakages and low FX repatriation, noting that the new approach seeks to ensure greater Ghanaian control over both the production and trade of mineral resources, while channeling proceeds back into the economy.
While acknowledging that many were qualified for the role, he described his appointment as a privilege and pledged to work diligently to justify the confidence placed in him.