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24-Hour Economy policy launches today

Date:

Ghana’s long-awaited 24-Hour Economy policy has officially been launched today, Wednesday, July 2, marking a bold step toward transforming the nation’s economy, increasing productivity, and reducing unemployment through continuous operations in key sectors.

The initiative—a flagship policy of the National Democratic Congress (NDC)—promotes shift-based work across industries such as manufacturing, agro-processing, healthcare, transportation, and retail. It is designed to create thousands of jobs, expand national output, and unlock value along supply chains.

Companies that join the programme will receive tax incentives, uninterrupted electricity supply, and enhanced security for nighttime operations.

Goosie Tanoh, Presidential Advisor on the 24-Hour Economy, presented the policy framework at the launch, highlighting three core pillars:

  1. Transforming production
  2. Improving supply chains and market systems
  3. Strengthening human capital

These pillars are supported by eight strategic sub-programmes, including:

  • Grow24 – focuses on agricultural modernisation
  • Make24 – supports industrial and manufacturing growth
  • Connect24 – enhances logistics and supply chains
  • Aspire24 – builds a culture of national productivity

The policy also integrates digital skills into TVET programmes to equip the youth for future job markets. In addition, a new initiative, “Show Ghana,” aims to leverage the country’s cultural identity for tourism and revenue generation.

Speaker of Parliament, Alban Bagbin, welcomed the initiative but urged the government to seek legal backing to ensure its continuity. He called for collaboration between the 24-Hour Economy Secretariat and Parliament to draft legislation that secures the policy’s future beyond current political leadership.

The launch of the 24-Hour Economy marks what government officials describe as the dawn of a new economic era, reshaping Ghana’s labour structure and setting the stage for long-term, inclusive growth.

 

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