President John Dramani Mahama has given formal approval to the 24-Hour Economy Authority Bill, turning a key campaign promise into law and setting the stage for a nationwide shift in how business is done in Ghana.
The new legislation creates the 24-Hour Economy Authority, a statutory body tasked with steering and supervising the rollout of the policy. Its mandate includes aligning regulations, coordinating public and private sector participation, and ensuring that the right structures are in place to support round-the-clock operations.
At its core, the policy seeks to expand economic activity beyond the traditional 8-to-5 model. By encouraging continuous operations in sectors such as manufacturing, transport, healthcare, agriculture, and tourism, the government hopes to stimulate productivity, open up employment opportunities, and strengthen service delivery. The broader ambition is to deepen local production, add value to raw materials, and position Ghanaian businesses more competitively within regional and global markets.
With the legal framework now secured, the focus shifts to execution, mobilising investment, upgrading infrastructure, and creating incentives that make 24-hour operations viable and attractive for businesses. Success will depend not only on policy direction but also on private sector readiness and public confidence in the system.
Do you think Ghanaian businesses are prepared to fully embrace a 24-hour operational model?
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