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Home Economy

Bank of Ghana Staff Review: Majority Leader clarifies terminations

Esther Sampson by Esther Sampson
June 27, 2025
in Economy, General News, Headlines, Top Stories
Reading Time: 2 mins read
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The Majority Leader, Mr Mahama Ayariga, has shed light on the recent termination of some Bank of Ghana (BoG) staff, emphasizing that the affected individuals were on a six-month probation.

According to Mr Ayariga, the workers were part of a group recruited during the final days of the previous former President Nana Addo Dankwa Akufo-Addo administration, and their probation had come to an end.

Speaking on the Floor of Parliament on Friday, Mr  Ayariga, also the Leader of Government Business in Parliament, explained that the Governor of the BoG had chosen not to permanently engage the affected staff after their probation period ended.

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“Mr Speaker, they were people who were recruited in the dying days of the administration of the previous government, and they were taken on a six-month probation. They have come to the end of the probation period, and the person who has put them on probation doesn’t think they should continue,” he told the House.

However, he noted that following pleas and intervention, the BoG Governor had extended the affected workers’ probation by an additional six months, giving them a second opportunity to prove themselves.

“Mr Speaker, upon pleas and intervention, the governor has extended their probation for another six months to allow them to prove themselves,” he added.

The BoG was alleged to have terminated the appointments of 97 employees hired after December 7, 2024, citing unsatisfactory performance during their probationary period.

The action was met with criticism from the Minority Caucus, who demanded the Central Bank Governor’s appearance before Parliament to explain the terminations.

The terminations had sparked debate, with some questioning the BoG’s decision-making process. The Minority had condemned the move as “unconstitutional, unlawful, and morally indefensible”.

In response, the BoG maintained that the terminations were in line with the terms outlined in the employment contracts, which stipulated a six-month probation period subject to satisfactory performance.

GNA

Tags: BOGTermination
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Esther Sampson

Esther Sampson

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