Audio By Carbonatix
Flagbearer for the National Democratic Congress (NDC) John Mahama has unveiled a support package aimed at stimulating Ghana's 24-hour economy.
The plan, designed to energize businesses that operate around the clock, includes a series of strategic initiatives to drive demand for goods and services in this sector if NDC is elected.
He said this at the NDC's manifesto launch in Winneba on Saturday.
Mr Mahama highlighted that the package would be underpinned by significant investments in infrastructure, security, and energy, all crucial to supporting a thriving 24-hour economy.
These investments, he noted, would include enhancements to both public and private security architecture, ensuring a safe environment for businesses and consumers alike.
Central to the package is a proposal for a "Time-of-Use" tariff system, which aims to provide cheaper and more reliable electricity for businesses operating during off-peak hours. This system, Mahama explained, would reduce operational costs and encourage more businesses to extend their hours.
Additionally, the NDC flagbearer promised tax incentives designed to alleviate financial pressures on businesses and support their growth. For sectors like agro-processing and manufacturing, Mahama pledged further backing through the Ghana Exim Bank, which would offer financial assistance to boost exports and strengthen the country’s industrial base.
Small and medium-sized enterprises (SMEs) operating below capacity were also a focus of Mahama's speech. He assured that under an NDC government, these businesses would receive catalytic investments aimed at helping them expand, create jobs, and contribute more significantly to the national economy.
Latest Stories
-
‘Okada’ union leaders undergo training ahead of 2026 legalisation processes
2 hours -
Creative Canvas 2025: Moliy and the power of a global digital moment
3 hours -
Ibrahim Mahama supports disability groups with Christmas donation
3 hours -
Techiman hosts historic launch of GJA Bono East Chapter: Regional pact for balanced journalism
3 hours -
Kasoa: Boy, 6, drowns in open water tank while retrieving football
4 hours -
Five-year-old boy dies after getting caught in ski travelator
6 hours -
‘This is an abuse of trust’- PUWU-TUC slams gov’t over ECG privatisation plans
6 hours -
Children should be protected from home fires – GNFSÂ
6 hours -
Volta Regional Minister urges unity, respect for Chief Imam’s ruling after Ho central mosque shooting
6 hours -
$214M in gold-for-reserves programme not a loss, Parliament’s economy chair insists it’s a transactional cost
7 hours -
Elegant homes estate unveils ultra-modern sports complex in Katamanso
7 hours -
ECG can be salvaged without private investors -TUC Deputy Secretary-General
7 hours -
Two pilots killed after mid-air helicopter collision in New Jersey
7 hours -
2025 in Review: Fire, power and the weight of return (January – March)
7 hours -
Washington DC NPP chairman signals bid for USA chairmanship
8 hours
