Business News of Sunday, 1 March 2026Source: www.ghanaweb.comHamza Sayibu Suhuyini, a member of the National Democratic Congress (NDC) communications team, has squashed claims that Ghana’s gold reserve policy was initiated by the New Patriotic Party (NPP). Suhuyini argued that attempts to credit Vice President Dr Mahamudu Bawumia or the NPP with the policy’s origin are misleading. His comments followed remarks by Minority Leader in Parliament, Alexander Afenyo-Markin, who had insisted that former Vice President Bawumia deserves credit for the Gold-for-Reserve policy currently being implemented by the Mahama administration. Meanwhile, data from the Bank of Ghana shows that the country’s official gold reserves stood at approximately 8.7 tonnes in 2025. The government has also launched an Accelerated National Reserve Accumulation Policy for 2026–2028, aimed at expanding reserves further by leveraging high global gold prices to build strategic buffers.

Source: GhanaWeb March 01, 2026 13:05 UTC