24-Hour Economy is a pillar of transformation and growth – Mahama

President John Dramani Mahama has announced plans to implement his proposed 24-hour economy aimed at creating sustainable jobs and positioning Ghana as a competitive force on the global stage.

Addressing participants at the National Economic Dialogue in Accra on Monday, he described the strategy as a key pillar of Ghana’s economic transformation.

“A new era is upon us—one of growth, transformation, economic expansion, and boundless opportunities. A key pillar of this transformation is the implementation of a 24-hour economy that works for all,” Mahama declared.

“Ghana must step forward and embrace a future where opportunity is not limited by time,” he added.

To support this vision, Mahama proposed incentives and tax relief for manufacturers and businesses willing to extend operational hours and adopt a shift-based employment system.

He identified key sectors such as manufacturing, retail, healthcare, logistics, and financial services as areas that must function efficiently around the clock.

The president assured stakeholders that the government would strengthen infrastructure, energy supply, and security to ensure businesses can operate safely and efficiently. “We will enhance transportation systems to facilitate the movement of workers and goods at all hours,” he noted.

Mahama also underscored the importance of digital infrastructure in driving this transformation, stating that every Ghanaian, regardless of location or background, must have access to the opportunities provided by the digital economy.

High-speed internet and robust digital infrastructure are no longer luxuries; they are necessities for economic growth and global competitiveness,” he emphasized.

Mahama called on all Ghanaians to support the initiative and embrace the shift toward a more dynamic economy.

“Let us embrace this economic transformation and unlock the full potential of our beloved country. The road ahead will not be easy, but together, with resilience and determination, we will rebuild Ghana’s economy and secure a brighter future for all,” he said.