The Bank of Ghana has reversed its decision to terminate approximately 100 employees hired in 2024, following management discussions on June 26, 2025.
Affected staff will resume duties on June 30, negating last week’s dismissal notices citing probationary shortcomings.
Initial termination letters, signed by HR Head Lucy Sasu, invoked six-month probation clauses stating “management regrets to inform you that your appointment cannot be confirmed.” Employees were instructed to return bank property by June 23 with one month’s salary compensation. The staff were recruited under former President Akufo-Addo’s administration prior to the 2024 elections.
This reversal occurs amid broader staffing reviews across state institutions since President Mahama’s National Democratic Congress government took office in January 2025. The central bank has not publicly detailed its reconsideration rationale, though reinstatement avoids potential legal challenges over probation compliance.