Goldbod Is Already Delivering Results – Mahama Applauds CEO Sammy Gyamfi

President John Dramani Mahama has lauded Sammy Gyamfi, Chief Executive Officer of the newly established Ghana GoldBoard (Goldbod), for what he described as an impressive and impactful start to the agency’s operations.

The Ghana GoldBoard, formerly known as the Precious Minerals Marketing Company (PMMC), was officially inaugurated on April 2, 2025. Its mandate is to regulate and oversee gold trading activities across the country, ensuring transparency, compliance, and value retention in the gold export sector.

Speaking during a stop in the Ahafo Region as part of his national “Thank You” tour, President Mahama praised Mr. Gyamfi’s leadership, noting the early successes of the Goldbod under his direction.

“Mr. Sammy Gyamfi is the Chief Executive of the Ghana Goldbod that is doing wonders already,” Mahama said while introducing the NDC National Communications Officer.

The commendation comes amid growing public support and recognition of Goldbod’s performance. Many observers and citizens have attributed the recent appreciation of the Ghanaian cedi—once nearing GH¢16 to the US dollar, now trading around GH¢10—to the Goldbod’s effective policies and oversight under Gyamfi’s leadership.

The positive turn in the currency’s performance has drawn applause from economic analysts, market players, and the general public, who credit the Goldbod’s efforts for restoring investor confidence and strengthening export revenue flows.

Meanwhile, the Governor of the Bank of Ghana, Dr. Johnson Asiama, has reaffirmed the central bank’s commitment to sustaining the cedi’s recovery. He emphasized ongoing measures to stabilize the currency and preserve its strength against major global currencies.