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Former Lands and Natural Resources Minister Samuel Abdulai Jinapor has highlighted Ghana’s record gold export earnings in 2024 as evidence of the impact of policies introduced under the Domestic Gold Purchase Programme.
The UK branch of the New Patriotic Party (NPP) has issued a formal statement urging full transparency, institutional accountability, and a thorough independent forensic audit into Ghana’s domestic gold purchasing transactions. The statement follows the Speaker of Parliament’s decision to admit a Minority motion for a public inquiry into the matter. While welcoming the parliamentary […]
Former Lands and Natural Resources Minister Samuel Abdulai Jinapor has rejected claims that seek to downplay the role of former Vice President Dr Mahamudu Bawumia in the introduction of Ghana’s Domestic Gold Purchase Programme.
The Ghana Gold Board (GoldBod) says it will generate US$1.4 billion in foreign exchange in September 2026 as part of efforts to support foreign exchange market stability and build the country’s reserves.
The Importers and Exporters Association of Ghana (IEAG) has commended the Ghana Gold Board (GoldBod) and the Bank of Ghana (BoG) for measures it says have contributed to improved foreign exchange stability and economic confidence.
For two years, Ghanaians watched the cedi bleed so badly, as the then government suffered unending, brutal criticism. Every morning, the forex bureaus posted a new, worse rate, and the blame game was also on. We blamed speculators. We blamed the Bank of Ghana. We blamed the Finance Minister. And we blamed government for “mismanaging” the economy.
Lawyers for Minority Leader Alexander Afenyo-Markin have rejected claims that their client is delaying or avoiding service of a writ on Ghana Gold Board (GoldBod) Chief Executive Officer Sammy Gyamfi in a defamation suit. Dehyena Chambers, representing Mr Afenyo-Markin, says the writ was served on Mr Gyamfi’s lawyers after they formally notified the High Court […]
Beyond the GHS21.89 billion Headline: Why the Bank of Ghana Deserves a Fair Hearing and Commendation.
A significant portion of the reported US$1.7 billion loss associated with the Bank of Ghana’s (BoG) Domestic Gold Purchase Programme involving the Ghana Gold Board (GoldBod)
NDC activist Mawulorm Adzasu has thrown his support behind Ghana Gold Board (GoldBod) Chief Executive Officer Sammy Gyamfi amid the ongoing controversy over a reported US$1.7 billion figure associated with the Domestic Gold Purchase Programme (DGPP).
The Institute of Economic Affairs (IEA) has rejected the attribution of a GH¢1.7 billion loss under the Bank of Ghana’s Domestic Gold Purchase Programme to the Ghana Gold Board (GoldBod).
The Africa Policy Lens (APL) is calling for an immediate forensic investigation into the Ghana Gold Board (GOLDBOD), following disclosures in the IMF’s August 2026 report that Ghana lost more than US$1.7 billion in gold trading under the Domestic Gold Purchase Programme (DGPP).
The Chamber of Licensed Gold Buyers (CLGB) is calling for the Bank of Ghana (BoG) to be protected from the long-term commercial risks associated with gold trading, amid growing debate over reported losses of about US$1.7 billion under Ghana’s gold purchasing programme. The Chamber says the reported figure should not, on its own, be interpreted as proof that Ghana’s strategy of using gold to strengthen its reserves has failed.
The Centre for Policy Scrutiny (CPS) says the design of Ghana’s Domestic Gold Purchase Programme (DGPP) is “too generous” and could make losses inevitable, calling for a fundamental review of the programme.
The Ghana Gold Board (GoldBod) is facing fresh pressure over transparency after the policy think tank, the Institute of Economic Research and Public Policy (IERPP), alleged that its quarterly trading reports have been removed from its website. In a statement issued on Monday, August 25, 2026, the IERPP demanded urgent answers from GoldBod, citing Section 42 of the Ghana Gold Board Act, 2025 (Act 1140), which requires the Board to publish quarterly reports on its operations, revenue, contracts,
The opposition New Patriotic Party (NPP) has backed the Minority in Parliament’s demand for answers over losses linked to Ghana’s gold trading operations, insisting that the matter requires a full investigation.
The opposition New Patriotic Party (NPP) has dismissed allegations of extortion levelled against its Minority Leader, Alexander Afenyo-Markin, by the Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi.
The Executive Director of the Africa Center for Parliamentary Affairs (ACEPA), Dr Rasheed Draman, has called for independent voices to be included in any investigation into Ghana’s Domestic Gold Purchase Programme by Parliament.
The Executive Director of the Africa Center for Parliamentary Affairs (ACEPA), Dr Rasheed Draman, has called for independent voices to be included in any parliamentary probe into Ghana’s Domestic Gold Purchase Programme.
The Institute of Economic Research and Public Policy (IERPP) is demanding answers from the Ghana Gold Board (GoldBod) over reports that previously published quarterly trading reports are no longer readily accessible on its website. The Institute says the reported removal goes beyond a website management issue and raises concerns about transparency, accountability and compliance with the law governing an institution responsible for a significant part of Ghana’s gold trade.
Member of Parliament for Ofoase-Ayirebi, Kojo Oppong Nkrumah, has accused the Chief Executive Officer of the Ghana Gold Board (GoldBod) of attempting to divert conversations around losses incurred by the Bank of Ghana (BoG).
The government’s decision to prohibit the export of unrefined gold doré is intended to move Ghana beyond the role of a supplier of raw minerals and enable the country to capture greater economic value from its gold resources, the Ghana Gold Board (GoldBod) has said.
The Ghana Gold Board (GoldBod) has directed all Self-Financing Aggregators (SFAs) to refine gold doré locally before it can be exported from Ghana in a move aimed at deepening value addition in the country’s gold industry.
A member of the New Patriotic Party (NPP) National Communications Team, Aaron Antwi, says the alleged $1.7 billion loss associated with Ghana’s gold purchasing operations could have been used to complete the government’s Agenda 111 hospital project.
The New Patriotic Party (NPP) says it fully supports Minority Leader Alexander Afenyo-Markin in the push for answers over the reported GH¢22 billion GoldBod losses. This comes following days of accusations and counter-accusations between the minority and CEO of Goldbod, Sammy Gyamfi, over who bears responsibility for the loss. Speaking at a press briefing on Tuesday, August 25, NPP National Organiser Henry Nana Boakye said the party stands firmly behind the Minority Caucus and supports its eff
The New Patriotic Party (NPP) has raised concerns over the role of the Ghana Gold Board (GoldBod) in the fight against illegal mining, alleging that its gold purchasing arrangements may be allowing illegally mined gold to enter the formal market.
The International Monetary Fund (IMF) has called for stronger governance and transparency in Ghana’s Domestic Gold Purchase Programme (DGPP), warning that the financial costs of the scheme have contributed to pressure on the Bank of Ghana’s (BoG) balance sheet.
Outgoing Majority Leader in Parliament, Mahama Ayariga, has rejected claims that the financial costs associated with the Ghana Gold Board (GoldBod) amount to losses that undermine the government’s economic management.
The GH¢21.89 billion loss recorded under the Domestic Gold Purchase Programme (DGPP) in 2025 represents an accounting adjustment rather than a direct cash expense, according to persons familiar with the programme and the Bank of Ghana (BoG).
Incoming Majority Leader and Builsa North MP James Agalga has declined to take sides in the extortion allegations involving Minority Leader Alexander Afenyo-Markin and GoldBod CEO Sammy Gyamfi.
The Ghana Gold Board (GoldBod) has rejected reports that funding constraints are disrupting gold purchases by licensed buyers, saying its trade-financing arrangements remain operational and that purchases of artisanal and small-scale mining (ASM) gold are continuing.
Speaker of Parliament Alban Bagbin says he intends to admit a motion filed by the Minority seeking a parliamentary inquiry into the alleged losses associated with the Bank of Ghana’s Domestic Gold Purchase Programme (DGPP).
Minority Leader Alexander Afenyo-Markin has drawn a stark contrast between concerns over alleged financial discrepancies at the Gold Board and the health toll of illegal mining on communities across Ghana.
Anti-corruption campaigner Edem Senanu has defended the Office of the Special Prosecutor’s (OSP) swift response to an alleged extortion case made by the Chief Executive of the Ghana Gold Board (GoldBod), Sammy Gyamfi, against the Minority Leader of Parliament, Alexander Afenyo-Markin, arguing that the speed of its reaction does not suggest the anti-corruption agency is selective in deciding which matters to investigate.
Member of Parliament for Suame, John Darko, has rejected allegations levelled against the Minority Leader, Alexander Afenyo-Markin, by the Chief Executive Officer (CEO) of the Ghana Gold Board (GoldBod), Sammy Gyamfi.
Anti-corruption campaigner Edem Senanu believes Minority Leader Alexander Afenyo-Markin may face difficulties explaining his recent claims that the Ghana Gold Board (GoldBod) incurred losses under the Bank of Ghana’s Domestic Gold Purchase Programme.
The Minority in Parliament has filed a fresh motion seeking the establishment of an ad hoc committee to investigate the reported $1.7 billion loss at the Ghana Gold Board (GoldBod). The move comes as the Minority continues to demand answers over the reported losses and rejects suggestions that it should rely solely on the Public Accounts Committee to investigate the matter. The Caucus has also challenged GoldBod Chief Executive Officer Sammy Gyamfi to substantiate allegations of extortion agai
The Minority in Parliament has challenged Ghana Gold Board (GoldBod) Chief Executive Officer, Sammy Gyamfi, to substantiate allegations of extortion made against Minority Leader Alexander Afenyo-Markin.
The Office of the Special Prosecutor (OSP) has disclosed that it has received three petitions in connection with extortion allegations made by the Chief Executive of the Ghana Gold Board (GoldBod), Sammy Gyamfi, against the Minority Leader of Parliament, Alexander Afenyo-Markin.
The Ghana Gold Board (GoldBod) has rejected a claim by Tano North MP and Deputy Ranking Member on Parliament’s Finance Committee, Dr Gideon Boako, that the institution owes the Bank of Ghana (BoG) an unpaid overdraft of about GH¢1 billion.
Minority Leader in Parliament, Alexander Afenyo-Markin, appears to have softened his earlier threat to pursue legal action over allegations made against him by Ghana Gold Board (GoldBod) Chief Executive Officer, Sammy Gyamfi. Mr Afenyo-Markin had indicated in a Facebook post that he would seek legal remedies over what he described as defamatory allegations, including claims […]
Minority Leader in Parliament and Member of Parliament for Effutu, Alexander Afenyo-Markin, has rejected allegations questioning his motives for demanding accountability for losses associated with the Bank of Ghana’s (BoG) Domestic Gold Purchase Programme (DGPP), calling them "false and defamatory”.
There is a serious national conversation to be had about GoldBod, the Bank of Ghana, the Domestic Gold Purchase Programme, public finances and the environmental consequences of gold mining. Unfortunately, Alexander Afenyo-Markin appears determined to turn that conversation into a political courtroom in which the verdict is delivered before the evidence is examined.
Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has accepted an apology from former NDC Member of Parliament for Odododiodio, Nii Lante Vanderpuye, for comments he made during a discussion on a media platform.
Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has thrown down the gauntlet to former Majority Leader Alexander Afenyo-Markin, challenging him to directly confront him over a dispute the GoldBod boss says is rooted in issues not fully known to the public.
Lawyer and Senior Vice-President of IMANI Africa, Kofi Bentil, has defended the establishment and operations of the Ghana Gold Board (GoldBod), describing the institution as the best approach Ghana has so far adopted to manage its gold resources.
Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has rejected claims that he insulted Minority Leader Alexander Afenyo-Markin during a recent exchange on GoldBod losses, insisting that his response was justified by remarks made against him.
Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, says the state gold trading institution has changed the exchange-rate mechanism used to price gold purchases, moving away from the forex bureau rate to the interbank rate.
Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has rejected claims that the institution is financially dependent on the state, insisting that its revenue comes from legitimate services provided to clients.
Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, has accused the New Patriotic Party (NPP) of double standards in its criticism of financial costs associated with Ghana’s Domestic Gold Purchase Programme, arguing that the party previously defended similar costs incurred under the Gold-for-Oil (G4O) programme.
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