Audio By Carbonatix
Sammy Gyamfi says Ghana’s gold sector will become the backbone of a national economic reset, driven by tighter control, reduced leakages, and stronger foreign exchange inflows.
Speaking on Joy News’ PM Express Business Edition on Thursday, the Ghana Gold Board CEO described his appointment as both unexpected and deeply personal.
“It was an exciting call made by the president… The president, to some of us as a father figure, is not just a flagbearer. He’s not just our President, but somebody that I’ve enjoyed the father-son relationship with for some time now, and he’s a great visionary,” he said.
Sammy Gyamfi admitted many did not foresee his current role.
“Maybe many never expected that, upon winning power, I would find myself where I am… I’m sure many have predicted that I may have landed some communication-related job,” he noted.
But he believes the president saw something different.
“What he may see in you, you may not even have seen in yourself… the president, I think, saw something in me that many had not noticed at the time, and he decided to give me this opportunity.”
Now at the helm of a critical sector, Sammy Gyamfi says the mission is clear. Gold must drive Ghana’s economic transformation.
“Gold is very essential to the reset agenda of the President, because he believes that Ghana could have maximised national benefits and exerted its sovereignty over its good resources more than we have done since independence,” he said.
He stressed that the reset goes beyond mining. It includes trading and full value capture.
“He needed a certain urgency for his agenda of transformation, for not only the exploitation, but also the market and the trading of our good resources,” he explained.
Central to the plan is fixing long-standing inefficiencies.
“To ensure that we reset the sector and change the narrative of leakages, the narrative of low repatriation of FX,” he said.
Sammy Gyamfi insists the new direction will prioritise national control.
“Ensure that Ghanaians are in control, not only of the exploitation of our mineral resources, but also of the trading of same,” he added.
And the ultimate goal is clear—bring value back home.
“That the process from that trade is coming back into the economy to support the economy and to propel his transformation agenda for the country.”
Despite the scale of the task, Sammy Gyamfi remains reflective about his appointment.
“For me to have been given the opportunity was a rare privilege for which I am forever grateful to the president,” he said.
He says his focus now is performance.
“Every day when I wake up, my prayer is to work hard to justify the confidence he reposed in me and not to let him down.”
Latest Stories
-
EOCO working with AG to arraign Nana Baffour Awuah before weekend court
2 minutes -
Duraplast reassures customers after fire, announces October 5 reopening
10 minutes -
Call off strike, gov’t will not renege on promotion arrears pledge – Haruna Iddrisu appeals to teacher unions
13 minutes -
Committee set up to validate teachers eligible for 20% deprived-area allowance – Education Minister
17 minutes -
Five-member committee to search for new Black Stars coach after Sports Ministry-GFA meeting
51 minutes -
Pinktober: Breast cancer survival exceeds 90% when detected early – Breast Society of Ghana
58 minutes -
TCDA to adopt Upper West’s MATCO mango farm as northern prototype, issues warning against felling shea trees
1 hour -
‘Fear delegates’ tag: Afoko touts genuineness among delegates ahead of NPP delegates conference
1 hour -
John Boadu: The leader our party needs at this time – Amb. Edward Akwasi Boateng
1 hour -
Baffour Awuah: EOCO effected an arrest, detained MP after hours of waiting, questioning – Afenyo-Markin
2 hours -
EOCO court warrant authorised search of Baffour Awuah’s law firm, not residence – Afenyo-Markin
2 hours -
NPP delegates conference: 3,000 to 4,000 police personnel deployed for security in Kumasi – Anthony Karbo
2 hours -
KGL Foundation commits $200,000 to support juvenile football for the next two years
2 hours -
UNDP invites Mahama Ayariga to Northern Peace Conference in Tamale
2 hours -
Afoko can give NPP ‘new identity’ ahead of 2028 to overcome NDC – Political scientist, Dr Amakye-Boateng
2 hours