Audio By Carbonatix
The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, says the government’s GoldBod initiative has created more than 1,300 jobs across the public and private sectors.
He made the disclosure when he appeared before Parliament’s Public Accounts Committee on Tuesday, October 13, 2026.
“On top of my head, I can tell you that in terms of mainstream public sector jobs, nothing less than 300.
“In terms of the private sector jobs, close to a thousand through the license reforms that have introduced four-tier licenses, tier one, tier two, self-financing aggregators, who are all employing more workers, and also the refineries that we've contracted to refine gold locally, employing workers. The private sector component of jobs created under the GoldBod initiative should be more than a thousand,” he told the committee.
He added that GoldBod will publish the official figures of the jobs created through the initiative by December 2026.
He explained that the licensing reforms had introduced four categories: Tier 1, Tier 2, Tier 3, and Tier 4 of gold-buying licences, creating opportunities for more people to participate in the gold trade and employ additional workers.
Mr Gyamfi said the Tier 2 category currently had more than 700 licence holders, many of whom employ between three and five people.
He identified Tier 2 licence holders as a significant source of employment for young people, explaining that eligible buyers could access financing indirectly through licensed aggregators.
Latest Stories
-
Old students of Peki SHS break ground to give 70-year-old school infrastructure a facelift
5 minutes -
Ablakwa facing ‘personal vendetta’ over refusal to grant Nana B service passport – Majority
6 minutes -
Every year, the lawyers come out, and so does the nonsense! – Ace Ankomah writes
18 minutes -
Digital transformation without an ownership culture can digitise poor service
22 minutes -
Fishing communities demand revocation of offshore gold exploration licences over livelihood concerns
25 minutes -
How Ghanaian tycoon Manoj Lakhiani built a water and plastics empire from a $25,000 loan
26 minutes -
GoldBod recovers GH¢38.7m of GH¢55.8m outstanding receivables; remainder subject to legal action – Sammy Gyamfi
33 minutes -
GEXIM Bank donates GH¢200,000 worth of medical equipment to Korle-Bu Child Health Department
36 minutes -
Majority rejects Minority’s claims over GH¢49.7m South Africa evacuation
38 minutes -
GEXIM urges banks to support refurbishment of Korle-Bu Teaching Hospital’s Child Health Department
41 minutes -
Don’t appoint your cheerleader as referee
45 minutes -
Ghana needs stronger international cooperation to fight cybercrime – CSA
47 minutes -
CSA warns of growing cyber threats as Ghana’s digital dependence increases
54 minutes -
USTED dean warns GAUA strike could disrupt Ghana’s restored academic calendar
1 hour -
Bechem meat processing factory 50% complete, set for March 2027 completion – Kwakye Ofosu
1 hour