Audio By Carbonatix
Why the 24-Hour Economy Is Ghana’s Next Great Economic Reset
Ghana is at a defining economic moment. Growth will no longer come from fragmented reforms, but from maximising national assets. President John Dramani Mahama’s 24-Hour Economy policy represents a new economic operating system designed to unlock productivity, jobs, and competitiveness.
A 24-hour economy focuses on asset utilisation—ports, factories, hospitals, logistics hubs, and digital infrastructure—working continuously to increase output without proportional cost increases. This approach strengthens exports, creates structured shift jobs, and improves investor confidence.
Because the policy cuts across energy, labour, security, transport, trade, and digital governance, it must be driven from the Office of the President to ensure authority, coordination, and accountability. Global successes such as Singapore and Dubai prove that strong central leadership is essential.
Presidential Policy Perspective
The 24-Hour Economy is not about overworking citizens but about smarter use of national resources. Anchoring the initiative under the Presidency ensures rapid execution, policy alignment, and credibility. It positions Ghana as a competitive AfCFTA hub and signals seriousness to global investors.
Cabinet and Parliamentary Justification
A dedicated Ministry for the 24-Hour Economy under the Office of the President prevents fragmentation, reduces delays, and strengthens accountability. Expected outcomes include higher GDP, job creation, export growth, and improved service delivery.
CEO and Private Sector Implications
For business leaders, the 24-Hour Economy unlocks faster logistics, lower unit costs, expanded labour pools, and predictable regulation. It is a business acceleration platform driven by state coordination and private sector innovation.
Latest Stories
-
Building Ghana better: Why architects must be at the heart of national development
41 minutes -
Semenyo eyes bigger targets after breaking Yeboah’s Ghanaian Premier League record
41 minutes -
Health Ministry reviews NDC manifesto commitments
2 hours -
Mfantsipim School @ 150 and Creech’s Mfantsipim Diaries: My First Shock
2 hours -
Labour backs proposed IPEC but demands full involvement in pay reforms
3 hours -
Ashaiman, parts of Accra to face 15-hour power outage Sunday
3 hours -
Mohammed Baantima Samba retains NPP Northern Regional chairmanship
4 hours -
Qatar denies capturing three Iranian pilots after downing fighter jets
5 hours -
Jeff Konadu Addo retains NPP Eastern Regional chairmanship
6 hours -
Peru cracks down on illegal gold mining in Amazon reserve with military show of force
6 hours -
NPP polls: Makafui Woanya re-elected as Volta Regional Chairman
6 hours -
NPP polls: List of newly elected NPP regional chairmen
6 hours -
Eleven killed in Israeli strikes on southern Lebanon, authorities say
7 hours -
MTN launches Bright Scholars Alumni Network to harness opportunity
7 hours -
Akyem Abuakwa Traditional Council demands apology from Akyemansa DCE over chieftaincy interference
7 hours