Ghanaians are being deceived in broad daylight—and insulted for daring to think.
At a time when the world is experiencing the highest gold prices in history, Ghana’s GoldBod—an agency loudly paraded as a solution to galamsey and gold mismanagement—has somehow turned abundance into loss.
The question is unavoidable:
Where does GoldBod get its gold from?
Gold does not appear by magic. In today’s Ghana, a substantial portion of gold entering the market is linked, directly or indirectly, to illegal small-scale mining (galamsey). So when an institution claims to be fighting galamsey while depending on a murky and compromised supply chain, it is not reform—it is hypocrisy dressed as policy.
Even more damning is the financial record.
The Bank of Ghana reportedly released US$10.2 billion to purchase gold. After months of operations, GoldBod returns with US$10 billion. That is a loss, not a gain—during a historic gold boom.
This is not bad luck.
This is not global market volatility.
This is institutional failure.
In any serious economy, an agency that cannot generate profit—or at the very least break even—under such favourable conditions would face forensic audits, parliamentary inquiries, and resignations. In Ghana, however, failure is defended, rationalised, and celebrated by what can only be described as fake neutrals.
Let us be clear:
If US$10.2 billion goes in and US$10 billion comes out, the Ghanaian taxpayer has been cheated. No amount of propaganda can change simple arithmetic.
Yet we are told to applaud.
We are told to be patient.
We are told not to “politicise” the issue.
But neutrality does not mean abandoning logic.
Patriotism does not mean clapping for losses.
And silence in the face of incompetence is not wisdom—it is cowardice.
You cannot claim to fight galamsey while benefiting from a broken gold ecosystem. You cannot preach economic discipline while presiding over losses. And you certainly cannot expect praise for failing to even make the equivalent of GH₵2 profit for the state.
Ghana’s tragedy is no longer a lack of knowledge.
It is the normalisation of mediocrity and deception.
The real enemy of progress is not criticism—it is the refusal to think.
And those who defend this failure while pretending to be neutral should stop insulting the intelligence of the Ghanaian people.
Editorial Board
The National Voice Newspaper
GoldBod, Galamsey and the Biggest Lie Being Told to Ghanaians – EDITORIAL
