BoG Governor's Parliament Appearance on Staff Issues Postponed Indefinitely Amidst Controversy

ACCRA, Ghana – The highly anticipated appearance of the Governor of the Bank of Ghana (BoG) before Parliament, intended to address the recent controversy surrounding staff dismissals and subsequent reinstatements, has been postponed indefinitely. This development comes amidst growing public and political scrutiny of the central bank's employment practices.

The Governor was expected to provide clarity on the rationale behind the termination of numerous staff appointments, which sparked outrage and led to demands for accountability from the Minority Caucus in Parliament. Sources indicate that nearly 100 employees were initially dismissed, prompting strong condemnations from various stakeholders who cited concerns about due process and labor laws.

Following the initial outcry, the Bank of Ghana reportedly reversed its decision on a number of these dismissals, reinstating some of the affected employees, though reports suggest many were placed on extended probation. This "U-turn" by the BoG, while welcomed by some, has not fully quelled concerns about the transparency and legality of the initial actions.

The Minority Caucus had been particularly vocal, describing the dismissals as "unlawful, unconstitutional, and a disregard for Ghana's labor laws and democratic principles." They had pushed for an immediate reinstatement of all staff whose appointments were terminated and had even urged the affected employees to consider legal action. The Caucus had also highlighted a directive from the Office of the Chief of Staff, dated February 11, 2025, which called for the revocation of public sector appointments made after the December 7, 2024, general elections, suggesting this might have influenced the BoG's decisions.

While the Bank of Ghana had previously asserted its right to hire and lay off staff based on performance, the swift reversals and the subsequent indefinite postponement of the Governor's parliamentary appearance suggest that the central bank is facing significant pressure to address the issues comprehensively.

No new date has been communicated for the Governor's appearance. The indefinite postponement leaves many questions unanswered, particularly for the affected staff and the public keen on understanding the full scope of the events at the Bank of Ghana. The situation is likely to remain a subject of intense public discourse until further explanations are provided by the central bank.