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Gov’t to launch 24hour economy programme

March 4, 2025
in Headline, News
“They were unlawful and illegal” – Kwakye Ofosu justifies reversal of December Public Service appointments

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Minister for Government Communications, Felix Kwakye Ofosu has revealed plans by government to launch the much anticipated “24 hour economy programme”.

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The 24 hour economy programme expected to employ more than 10,000 Ghanaian youth.

The minister made this revelation during the Ghana Publishing Company Limited’s launch of the 24 Hour Operational system.

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“I must express pleasant surprise that even before government launches the 24 hour economy programme, the Ghana Publishing Company Limited has taken the lead”.

At the launch, Ofosu Kwakye lauded the company for its proactive approach to innovation, stating that, “this shows your commitment and determination to chart a new cause”.

Ofosu Kwakye indicated that, “I believe that, with the launch of this 24 hour service, you will leapfrog your colleagues in the sector and position yourself as the go- to place for printing and publishing”.

The Ghana Publishing Company Limited has announced the commencement of its 24-hour service operations.

Managing Director Nana Kwasi Boatey at the launch of the 24 hour service on Tuesday March 4, 2025 indicated that, in a bid to
enhance efficiency and economic transformation, the Ghana Publishing Company Limited took the bold initiative.

“Our company’s trajectory changes significantly starting today. This is a bold step towards efficiency and economic transformation.”

One of Mahama’s most high-profile pledges is his bid to build a “24-hour economy” in order to boost employment and unlock the potential of industry.

The president said the initiative is a “a deliberate policy to encourage and support businesses and public organisations to operate 24/7 in three shifts of eight hours to boost production, promote productivity and generate well-paying jobs… aimed at transforming Ghana into an import substitution and export-led economy.”

The idea is that with increased activity more jobs can be created, in particular in non-traditional hours.

As well as focusing on traditionally strong sectors like agriculture and agribusiness, the 24-hour economy will be unleashed at public institutions with a large customer base, including ports and harbours, customs, the passport office and the vehicle licensing agency, the government says.

After a period of austerity in the aftermath of Ghana’s debt default in 2022, the 24-hour economy joins pledges in education, public health, and infrastructure which are likely to require government investment.

To try to stimulate greater activity in the private sector, Mahama has also suggested he would expand credit for small and medium-sized enterprises and create more business incubators.

He also pledged to bring back the “Jobs for Youth” scheme to boost employment among young people, and to halt the controversial imposition of VAT on essentials such as food and petrol in order to ease cost of living pressures.

Tags: 24 hour economyFelix Kwakye Ofosu
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