Ghana is standing at a powerful crossroads—a moment that could shape the next hundred years of our destiny. For the first time in decades, we have both the political strength and the public support to fundamentally change our economy and take back what has always been ours: our gold.
This isn’t just about politics. It’s about dignity. It’s about justice. It’s about survival.
Right beneath our feet lies one of the largest untapped treasures in Africa—between 2,500 and 3,500 metric tonnes of gold, valued at nearly $375 billion. But here’s the tragedy: we barely get 10% of that value. The rest? It flows into the pockets of foreign corporations headquartered in Canada, Australia, and South Africa. They win, while we borrow. They profit, while we plead.
This cannot continue.
Goldbod Showed Us What’s Possible
In June 2025, Finance Minister Cassiel Ato Forson gave the country a glimpse of a new future. Thanks to Goldbod—a bold initiative to manage and export our own gold—Ghana made $1.1 billion in foreign exchange in one month. One month. No foreign mine. No debt. Just Ghana doing business on its own terms.
Now imagine if we didn’t just manage exports—but also mined the gold ourselves. The returns would be transformational.
This Isn’t a Dream. It’s a Plan.
Experts estimate that with an investment of $100 to $200 million, Ghana could build and operate a medium-scale, state-owned gold mining company. That’s less than we spend servicing debt each year.
Such a mine could return up to 80% of revenue directly to the state—far beyond the 6 to 10% we currently get in royalties and taxes from foreign-run mines.
That money could do real things: fix roads, upgrade hospitals, fund public education, support local businesses, and stabilise the cedi.
We’re not talking theory. We’re talking direct, visible impact on everyday Ghanaians. Jobs. Infrastructure. Pride.
Look Around Us—Africa Is Moving
Across West Africa, countries are waking up. In Mali, the government has increased state ownership in new mines from 20% to 30%, and added a 5% optional stake. In Burkina Faso, mining laws were changed to favour local equity and raise export taxes. Both countries have reclaimed dormant concessions and now demand that gold be refined domestically.
If they can do it—despite military transitions and political instability—what’s stopping Ghana?
We have stronger institutions. We have a democratic tradition. We have a functioning Parliament. And right now, we have the two-thirds majority needed to write new laws and create lasting change.
This is not the time to be timid.
It’s Time to Break with the Past
For too long, Ghana’s leaders have signed bad deals. We’ve allowed foreign companies to write the rules, lock us into exploitative contracts, and ship our wealth away. We’ve watched strategic national assets—like Ghana Telecom and GOPDC—sold off, leaving Ghanaians with little to show for it.
Only Kwame Nkrumah had the courage to chart a different path. He believed in industrialisation backed by our own resources. His dream was interrupted—but it’s not dead. It’s waiting.
Now is our chance to revive it.
A State-Owned Mining Company—But Done Right
Let’s be clear: this must be different from the old days of waste and corruption. This company must be run by professionals, not politicians. It should have parliamentary oversight, audited accounts, and laws that protect it from being sold off or misused.
We must pass legislation to block the sale of majority shares to foreign investors. Ghana’s gold must stay Ghanaian—forever.
This isn’t just economics. It’s identity. How can we still call ourselves the “Gold Coast” if we don’t even own our gold?
This Is Bigger Than One Party
This isn’t just a task for the NDC, even though they now hold the power to act. This is a mission for every Ghanaian who believes we deserve more than crumbs.
Let’s stop chasing loans. Let’s stop auctioning our future. Let’s stop waiting for permission.
We have what we need. The numbers make sense. The people are ready. Goldbod proved the concept. The only thing missing is the courage to finish the work.
President Mahama, Parliament, Ghana—This Is It.
Will you be remembered as caretakers of the old order, or as the leaders who finally stood up for Ghana?
The world is watching. The youth are watching. History is watching.
Let this be the generation that finally says: Enough. Let our gold build our future. Let it write a new chapter—one where Ghana doesn’t just own the ground, but owns the power to shape its own destiny.
Because if not now—when?
