POLITICS

GH¢1.5 million annually: Here is how much Sammy Gyamfi earns and all his other benefits as GoldBod CEO

The Minority in Parliament has disclosed the salary and the benefits of the Chief Executive of the Gold Board, Sammy Gyamfi, amidst his dollar gift saga.

According to them, his salaries and benefits far outweigh those of an MP, which they say raises questions.

They have, therefore, listed his entitlements as follows:

A. GH¢1.5 million annual salary, i.e GH¢125,000 per month, subject to a 15% increase every year.

B. Clothing Allowance: 15% of annual basic salary

C. Security: Provision of two personal security officers or GH¢6,000.00 for each
officer as a cash equivalent.

D. Provision of one gardener or GH¢4,000.00 as a cash equivalent.

E. Full medical cover for the CEO, spouse, and up to five children under 18 years or up to 22 years

F. Provision of two company cars (e.g., Toyota Land Cruiser VS), with full maintenance and insurance

G. 1,500 litres of fuel monthly for each official vehicle

H. The vehicles may be sold to the CEO upon contract expiration or termination per the Company’s Asset Disposal Policy.

I. Thirty (30) working days of paid vacation annually, exclusive of public holidays.

J. Annual Familiarisation Tour: Airfare up to USD 10,000 annually upon proof of
travel. Per diem of USD 2,000 per day for 7 days, payable in advance.

K. Business Travel: For official duties, the CEO is entitled to business class tickets and a USD 2,000.00 per diem per day of travel.

L. Personal accident and life insurance cover valued at five (5) times the CEO’s annual salary.

It will be recalled that Sammy Gyamfi was captured on camera giving some dollar notes to Evangelist Patricia Asiama, aka Agradaa.

He has, however, apologised for the act, but the Minority has condemned the behaviour and is asking for the necessary sanctions to be applied.

Source: www.ghanaweb.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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