Ghana today stands at a turning point—one marked not by political theatre, but by measurable, undeniable economic revival. At the centre of this resurgence is a much-overlooked yet powerful fact: Bloomberg has named the Ghana cedi the world’s best-performing currency in April 2025, appreciating nearly 16% against the US dollar.
At GH₵13.4 to a dollar, this rebound is not accidental—it is a direct reflection of strategic policy choices under the leadership of President John Dramani Mahama and his trusted appointees.
At the heart of this success is the Ghana Gold Board, which has quietly become a pillar in stabilising the cedi.
Credit is due to Sammy Gyamfi, the young, energetic and intellectually formidable public servant, currently serving as Acting CEO of the Ghana Gold Board.
Since taking over as Managing Director of the Precious Minerals Marketing Company, and later transitioning into this key national role, Gyamfi has played a pivotal part in increasing our gold reserves and reducing our dependency on volatile foreign reserves.
This gold-for-oil strategy, refined under the Mahama government, and strengthened through Gyamfi’s stewardship, has become a textbook example of sovereign innovation in times of economic challenge. This is not just policy.
It is foresight backed by youthful drive and an unwavering belief in Ghana’s economic sovereignty. This is no accident. It is good governance in motion. And it must be protected. Yet, leadership never walks unscarred.
The dollar video: Context matters
Recently, a video showing Sammy Gyamfi gifting dollars went viral, drawing criticism and igniting controversy. Let us approach this with perspective.
According to Gyamfi, the gesture was part of his lifelong commitment to supporting the less fortunate—a trait known to those familiar with his grassroots philanthropy.
Still, the young leader did not deflect or dismiss concerns. He faced them head-on:
“To all comrades who were sincerely hurt, I am sorry. I respect and appreciate your views. My view of public office as a privilege to serve society, solve problems and help others has not changed.”
This is what integrity looks like—not perfection, but accountability.
Leadership tested, not diminished
Every great leader endures a public trial. In the Bible, Joseph was thrown into prison before becoming Egypt’s most powerful administrator. In Genesis 50:20, he reflects:
“You meant evil against me, but God meant it for good, to bring it about that many people should be kept alive.”
In the Quran, Surah At-Talaq (65:3) reminds us:
“And whoever fears Allah — He will make for him a way out and provide for him from where he does not expect.”
Leadership, especially righteous leadership, is always tested by fire. But it is in such flames that gold is refined. Sammy Gyamfi is one such leader—young, visionary, yet grounded. Ghana needs more of him, not less.
Strategic Reforms: From Blair’s Spin to Mahama’s Integrity
In the 1990s, the UK Labour Party under Tony Blair enlisted professional media advisors—spin doctors—to manage public narratives, coach appointees, and prevent missteps from becoming meltdowns. Ghana must adapt this lesson.
I recommend that the Mahama administration institute a mandatory Public Conduct and Social Media Training Programme for all political appointees.
This should focus on ethics, digital literacy, and crisis communication. In today’s fast-moving media age, good governance requires good optics too.
Furthermore, President Mahama’s recent launch of a comprehensive Code of Conduct for appointees and renewed emphasis on asset declaration mark a clear break from the impunity of the past.
These mechanisms are not ceremonial—they are practical tools for promoting transparency and rooting out corruption.
Conclusion: Defend the progress, support the builders
This is not the time to sacrifice competence on the altar of optics. Sammy Gyamfi has apologised. He has learned. He must now be supported. To those calling for his resignation or dismissal: we must be careful not to undo the very progress we claim to champion.
Let us celebrate what truly matters: a stabilised cedi, strengthened gold reserves, and a government willing to be transparent and reform minded. The Mahama administration has proven it can learn, adapt, and lead—and so too must we as citizens.
Because in a country searching for transformation, it is not the perfect we need—it is the willing, the tested, and the wise.
