President John Mahama has heaped praises on the Chief Executive Officer of the Ghana Gold Board (GOLDBOD), Sammy Gyamfi, for the institution’s outstanding achievements in stabilising the Ghana cedi.
Speaking at a recent event in the Ahafo Region as part of his national ‘Thank You’ tour, Mr Mahama commended the GOLDBOD CEO’s leadership, declaring, “Mr. Sammy Gyamfi is the Chief Executive of the Ghana GOLDBOD that is doing wonders already.”
This glowing endorsement is a proof to the institution’s remarkable strides, which have garnered widespread public support and admiration.
GOLDBOD’s Achievements
Launched on April 2, 2025, the Ghana Gold Board has swiftly established itself as a formidable force in the gold trading sector, with its mandate to oversee and regulate gold trading activities in the country, yielding impressive results.
The GOLDBOD’s impressive performance has been accompanied by a significant strengthening of the local currency, with the cedi appreciating substantially against the US dollar.
From a high of nearly GH¢16 to the dollar last year, the cedi has now stabilized at around GH¢10 to the dollar, a development that has been met with optimism by citizens and market observers alike.
The Governor of the Bank of Ghana, Dr. Johnson Asiama, has reaffirmed the central bank’s commitment to sustaining the cedi’s rebound, emphasizing ongoing efforts to bolster the local currency and maintain its competitiveness in the global market.
The institution’s remarkable achievements under Sammy Gyamfi thus far are a powerful indicator of its potential to drive economic growth and development in Ghana, and its future prospects appear bright.
Source: Myxyzonline.com
