President John Dramani Mahama has announced major progress in implementing the 24-hour economy policy a key campaign promise within the first 120 days of his administration.
The policy seeks to transform Ghana’s economy by promoting continuous productivity and service delivery across sectors.
According to President Mahama, Cabinet has approved key amendments to the Ghana Investment Promotion Centre (GIPC) Act and the Labour Act, which are essential for the policy’s successful rollout.
He emphasized that his administration has fulfilled its commitment to draft the necessary legal reforms and initiate implementation within the first 120 days.
“This development marks a significant step toward realizing the objectives of the 24-hour economy and boosting Ghana’s economic growth,” the President stated.
“These amendments aim to enhance social protection, create an enabling environment for the 24-hour economy, and foster strong business and labor relations,” he added.
Several government agencies have already transitioned to 24-hour operations with notable results.
“We are removing bottlenecks for investors,” Mahama noted, “with the GIPC now providing 24-hour premium services.”
He also announced that the Ministry of Foreign Affairs has launched a 24-hour passport service, and the DVLA used extended work hours to clear an 18-month backlog of driver’s licenses.
Job creation is already taking shape under the policy. The Youth Employment Agency is set to roll out a corporate support initiative, placing 20,000 graduates with firms operating on a 24/7 schedule.
“This initiative will offer young people valuable work experience and meaningful employment opportunities,” Mahama stated.
To support nighttime business operations, the Ghana Police Service is establishing a dedicated 24-hour unit to strengthen night patrols and adopt advanced technology.
“Robust security is essential for the success of this policy, and we’re working to create a safe environment where businesses can thrive,” the President emphasized.
He further disclosed that the Ministry of Energy, in collaboration with the PURC, is introducing smart meters with time-of-use tariffs offering reduced electricity rates during off-peak hours.
“This provides direct incentives for businesses to adopt the 24-hour model,” he explained.
The policy has already generated strong interest from the private sector, with many businesses eager to participate.
“We are opening new avenues for job creation and empowering the private sector to drive sustainable employment,” Mahama affirmed.
Looking ahead, the President highlighted that the 24-hour economy will be a driver of structural transformation across agriculture, manufacturing, and tourism.
“This program will revamp key sectors and unlock new opportunities for national growth and development,” he concluded.
