President Mahama vows to transform Ghana with vision for a 24-hour economy

Story By: B&FT

The newly elected President of the Republic Ghana, John Dramani Mahama, has reiterated his resolve to transform the country into a vibrant, 24-hour economy centered on agriculture and agribusiness.

During his historic inaugural address at the swearing-in ceremony, Tuesday, January 7, 2024, Mahama pledged to unlock the nation’s untapped potential, creating a resilient and inclusive economic model that empowers citizens and attracts global investments.

He envisaged a country where bustling markets operate round the clock, businesses thrive with flexible operations, and essential public services are accessible at all hours.

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“Imagine a Ghana where every citizen, regardless of their background, can actively contribute to our national progress. This vision is not just about economic transactions but about empowerment- empowering every Ghanaian to enjoy the fruits of their hard work,” he said.

Additionally, he emphasised that, the 24-hour economy would not only meet the diverse demands of modern life but also foster job creation for the youth, stimulate local industries, and establish the country as a hub for international trade.

He therefore called on business leaders and entrepreneurs to support the 24-hour economy model, assuring them of a fair and transparent tax regime to foster creativity and investment. Furthermore, he reaffirmed the country’s commitment to creating an enabling business environment, declaring, “Ghana is open for business again.”

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The swearing-in ceremony was attended by a host of dignitaries, local and international, who applauded the bold economic agenda.

 

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