Ghana’s Gold Wealth Needs a Strategic Shift

• Smuggling and inadequate regulations cost Ghana billions in lost revenue
• Proposed GoldBod could optimise benefits from small-scale mining

By Senyo Kwasi Hosi

Accra, Ghana – YƐ te sika so ensu Ɛkom di yƐn (We are sitting on money and yet we are hungry), aptly captures the Ghanaian—and broader African—experience. Despite abundant natural resources like gold, oil, fertile land, and water, our persistent hunger and third-world status is both ironic and tragic. Our educated middle-class celebrates not the quality of local education but the privilege of sending their children abroad—a topic I prefer not to dwell upon further here.