The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, says the institution's activities have generated an estimated 1,300 jobs across the public and private sectors since its establishment.
Appearing before Parliament's Public Accounts Committee (PAC) on Tuesday, October 13, 2026, Gyamfi said GoldBod had created at least 300 direct public sector jobs, while employment opportunities linked to its private sector activities were estimated at nearly 1,000.
“In terms of mainstream public sector jobs, nothing less than 300. In terms of the private sector jobs, close to 1,000,” he told the committee.
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Gyamfi explained that the employment opportunities extended beyond people working directly for GoldBod to include workers employed by private businesses operating in the gold industry.
According to him, reforms introduced under the initiative had created opportunities for businesses involved in gold buying, aggregation and refining to expand their operations and employ more workers.
He specifically cited the introduction of a four-tier licensing system, which has created opportunities for different categories of gold traders, including aggregators and self-financing aggregators.
The GoldBod CEO also said local gold refineries contracted to process gold in Ghana were contributing to employment by recruiting workers for their operations.
He added that the number of private sector jobs could exceed 1,000 when employment generated through licensed businesses and contracted refineries was fully accounted for.
However, Gyamfi acknowledged that GoldBod had yet to complete an official assessment of the total number of jobs created.
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He assured Parliament that verified employment figures would be published by December 2026.
DR/MA
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