Goldbod: Manteaw commends Sammy Gyamfi and his team for their openness

Dr. Steve Manteaw has praised the Acting Managing Director of the Precious Minerals Marketing Company (PMMC), Sammy Gyamfi, for his transparent and inclusive handling of the draft bill for the Ghana Gold Board (GoldBod).

Manteaw acknowledged Gyamfi’s willingness to engage stakeholders and accommodate differing opinions, though he noted potential regulatory conflicts with the Minerals Commission that need to be addressed.

GoldBod aims to regulate the small-scale mining sector, enhance foreign exchange inflows, and stabilize the cedi.

Finance Minister Dr. Cassiel Ato Forson has emphasized that the initiative will help anchor Ghana’s currency through better gold management. With gold prices expected to rise, the initiative is seen as a critical economic strategy.