Ghana’s eagerly awaited 24-Hour Economy policy is set to be officially launched today, Wednesday, July 2, as part of a bold initiative aimed at driving economic transformation, boosting productivity, and addressing unemployment through continuous operations in essential sectors.
This initiative, a flagship promise of the National Democratic Congress (NDC) manifesto, is intended to promote ongoing, shift-based employment in sectors such as manufacturing, agro-processing, healthcare, transportation, and retail.
Characterized by the government as a “game changer,” the policy is anticipated to generate thousands of new jobs, enhance national output, and unlock value throughout supply chains. Companies participating in the programme will enjoy tax incentives, reliable electricity access, and improved nighttime security.
Goosie Tanoh, the Presidential Advisor on the 24-Hour Economy, presented the policy framework at the launch event, highlighting that it is founded on three main pillars: transforming production, enhancing supply chains and market systems, and strengthening human capital.
“These foundational anchors are supported by eight strategic sub-programmes,” he stated.
The sub-programmes include:
Grow24 – aimed at modernizing agriculture
Make24 – fostering growth in industrial and manufacturing sectors
Connect24 – enhancing logistics and supply chain systems
Aspire24 – encouraging a national culture of productivity
A crucial aspect of the policy is the incorporation of digital skills into the Technical and Vocational Education and Training (TVET) system to equip youth for emerging job opportunities. The “Show Ghana” initiative was also introduced to utilize the country’s cultural heritage for tourism and foreign revenue generation.
Speaker of Parliament Alban Bagbin, who reacted to the presentation, expressed his support for the programme but urged the government to pursue legislative backing to ensure its long-term sustainability.
He urged the 24-Hour Economy Secretariat to collaborate with Parliament in drafting and enacting a bill that would formalize the policy and safeguard it against potential discontinuation by future administrations.
The launch on July 2 marks what the government refers to as the commencement of a “new economic era” designed to reshape Ghana’s labor dynamics and facilitate sustainable inclusive growth.
