The Bank of Ghana (BoG) has placed all recently recalled staff, whose appointments were earlier terminated, on extended probation, sources have told JoyBusiness.
Sources say the recall decision marks a significant shift from the Central Bank’s earlier plan to reinstate only a few based on operational needs and skill requirements.
Instead, all affected persons have been given a second chance under close evaluation.
“This is well within the Bank’s authority,” a source said, defending the move. “The Central Bank can re-engage terminated staff if their skills are deemed essential or if special circumstances warrant it.”
According to insiders, the recalled individuals possess skill sets currently needed by the Bank, which influenced the broader reinstatement.
JoyBusiness understands the recalled staff were engaged yesterday, June 26, 2025, and are expected to resume duties next week.
On June 19, 2025, the Bank of Ghana terminated the employment of 97 staff who were hired after December 7, 2024, citing unsatisfactory performance during their probation period.
The affected employees were informed in writing that their appointments would not be confirmed.
The Central Bank clarified that the move followed an internal probation review, which revealed that due process had not been followed in some of the recruitments.
Owing to development the Founder of Imani Afrika Frankly Cudjoe said we shouldn’t be rejoicing over this [reinstatement of sacked BoG staff] but he doffed his hat to the Governor.”
He said whilst this happened in 2017 to several appointees it tells you that it is something that we should stop.
On this same development, a private legal practitioner Lawyer Martin Kpebu has commended the BoG for reinstating the over 100 employees sacked last week.
No comment yet, add your voice below!