The Ghana Gold Board increased non-tax revenue from GH₵307.7 million in 2024 to GH₵970.8 million in 2025, while simultaneously reducing total expenditure from GH₵129.7 million to GH₵109.4 million, generating an operational surplus of GH₵909.8 million despite expanding its workforce from 114 to 450 employees following its transition from the defunct Precious Minerals Marketing Company.
16 hours ago · Joy Online →
Austrian-German actor Boris Kodjoe has met with Ghana Gold Board CEO Sammy Gyamfi to discuss potential collaborations in promoting value addition within Ghana's gold sector, focusing on processing, branding, and moving beyond raw exports to maximize economic benefits.
19 hours ago · Joy Online →
Ghana Gold Board expanded its workforce from 114 employees under PMMC in 2024 to 450 in 2025 as part of institutional transformation, while reducing expenditure from 129.7 million to 109.4 million.
19 hours ago · Joy Online →
The Ghana Gold Board's 2025 audited accounts show revenue increasing from GH¢307.7m to GH¢970.8m while expenditure fell to GH¢109.4m, resulting in an operational surplus of GH¢909.7m despite expanded responsibilities.
19 hours ago · Joy Online →
The Ghana Gold Board CEO visited Royal Ghana Gold Refinery to assess its readiness for a refining services partnership agreement aimed at advancing local value addition in Ghana's gold sector. The CEO found the facility well-equipped but noted that it would need additional equipment on the recommendation of GoldBod's technical consultant before commencing full-scale refining operations.
20 hours ago · Business & Financial Times →
The Ghana Gold Board recorded total revenue of GH¢5.55 billion and an operational surplus of GH¢5.45 billion in 2025, representing a significant improvement from the prior year when surplus after exceptional items was GH¢185.34 million. Revenue was supported by GH¢4.54 billion in government seed capital for gold purchasing and trading, along with GH¢983.96 million in non-tax revenue including ASM gold aggregation fees and assay fees.
20 hours ago · Joy Online →
Ghana's exchange rate instability is driven by structural leakages in the extractive sector rather than weak export performance, according to Dalex Finance CEO Joe Jackson. Though Ghana recorded a trade surplus of about US$5.1 billion in 2024, close to US$8 billion exited through service imports, profit repatriation, external debt servicing, and capital flight.
29 April 2026 · The Chronicle →
The Chief Executive Officer of Ghana Gold Board toured the Royal Ghana Gold Refinery on April 27, 2026, as part of ongoing processes toward signing a refining services agreement to advance local value addition in Ghana's gold sector. The CEO expressed satisfaction with the facility's preparedness but noted that additional equipment would be needed to strengthen operational capacity.
29 April 2026 · Business & Financial Times →
The Ghana Police Service rearrested three of six inmates who escaped from Adabraka District Police custody on Sunday, April 26. The Police refuted reports linking the escapees to the murder case involving Sammy Gyamfi's father-in-law, stating they were never detained in connection with that case.
28 April 2026 · Joy Online →