The Chief Executive Officer of the Ghana Gold Board (GoldBod), Sammy Gyamfi, says the government’s gold trading initiative has created more than 1,300 jobs across the public and private sectors.
He disclosed this when he appeared before Parliament’s Public Accounts Committee on Tuesday, October 13, 2026, explaining that employment had grown through the board’s operations, licensing reforms and partnerships with local gold refineries.
Mr Gyamfi estimated that the initiative had generated at least 300 public sector jobs, alongside close to 1,000 private sector jobs.
“On top of my head, I can tell you that in terms of mainstream public sector jobs, nothing less than 300,” he told the committee.
He attributed private sector employment to the introduction of a four-tier licensing system, the activities of self-financing aggregators and the local refineries contracted to process gold.
“The private sector component of jobs created under the GoldBod initiative should be more than a thousand,” he said.
Mr Gyamfi added that GoldBod would publish official figures on the jobs created through the initiative by December 2026.
He explained that the licensing reforms had established four categories of gold-buying licences, allowing more people to participate in the gold trade and create employment.
According to him, the Tier 2 category alone has more than 700 licence holders, many of whom employ between three and five workers.
He described Tier 2 licence holders as an important source of jobs for young people, noting that eligible buyers could access financing indirectly through licensed aggregators.
