President John Dramani Mahama has reaffirmed that Ghana’s ambitious 24-hour economy policy will officially commence on July 1, 2025. The initiative is designed to stimulate economic activity, generate employment, and improve the standard of living for Ghanaians nationwide.
Speaking at a recent public engagement, President Mahama expressed full confidence in the policy’s transformative power, stating that all necessary preparations are underway for a smooth and effective rollout. He emphasized that the government is committed to ensuring the policy benefits all sectors of the economy.
As part of the initiative, the Tema and Takoradi ports will be declared 24-hour operational hubs to support round-the-clock commerce and logistics. This move is expected to ease the flow of goods and services, enhancing Ghana’s position as a competitive trade destination in West Africa.
The 24-hour economy policy will target key industries including manufacturing, retail, agriculture, transport, and services. By extending work hours and supporting businesses to operate in shifts, the policy aims to increase productivity, open up more job opportunities, and reduce unemployment.
One of the cornerstone features of the plan is the transformation of the Volta Lake Economic Corridor into a national logistics route. This development will facilitate the efficient movement of goods across regions and boost industrial activities inland.
To coordinate the implementation of the policy, President Mahama announced the creation of a 24-hour economic secretariat.
“To guarantee institutional stability, I’m working with Parliament to establish the 24-hour economy secretariat as an independent authority, reporting directly to the President and backed by legislation,” he noted.
Ghanaians have expressed optimism about the benefits the policy could bring. Many believe it will create a more dynamic economy, support entrepreneurs, and drive national development.
