Mahama Commends GoldBod's GH¢896m Profit, Urges Sustained Growth

President John Dramani Mahama has commended the Ghana Gold Board (GoldBod) for its remarkable financial performance, while urging the institution to strengthen its core operations to sustain the gains.

Speaking at the 2026 Governing Boards and CEOs' Conference organised by the State Interests and Governance Authority (SIGA), President Mahama singled out GoldBod for recognition.

According to him, GoldBod, which was highlighted in the report's entity spotlight, recorded a net profit of about GH¢896 million, a significant jump from GH¢178.5 million recorded in 2024.

"GoldBod, which is deservedly highlighted in the report's entity spotlight, recorded approximately a net profit of GH¢896 million compared with GH¢178.5 million in 2024," President Mahama said.

He attributed the impressive performance to the strategic importance of building transparent and accountable structures around Ghana's gold trade that benefit the nation.

"This performance reflects the strategic importance of building transparent, accountable and nationally beneficial structures around Ghana's gold trade," he stated, adding that the results "deserve commendation."

President Mahama however cautioned that the institution must not rely indefinitely on favourable business conditions and exchange rate movements.

"These results deserve commendation but they must however be sustained through stronger core operations and cannot depend indefinitely on just a better business environment and the exchange rate movements," he stressed.