Flagbearer for the National Democratic Congress (NDC), John Mahama, announced a support package aimed at boosting 24-hour businesses.
The plan includes strategic initiatives to drive demand for goods and services in businesses operating around the clock.
If elected, the NDC plans to make significant investments in infrastructure, security, and energy to support a thriving 24-hour economy.
Enhancements to both public and private security architecture are among the planned investments to ensure a safe environment for businesses and consumers.
A key component of the package is a proposed “Time-of-Use” tariff system. This tariff system aims to provide cheaper and more reliable electricity for businesses operating during off-peak hours, reducing operational costs and encouraging more businesses to extend their hours.
During the NDC’s manifesto launch in Winneba on Saturday the NDC flagbearer also promised tax incentives designed to alleviate financial pressures on businesses and support their growth. For sectors like agro-processing and manufacturing, Mahama pledged further backing through the Ghana Exim Bank, which would offer financial assistance to boost exports and strengthen the country’s industrial base.
Small and medium-sized enterprises (SMEs) operating below capacity were also a focus of Mahama’s speech. He assured that under an NDC government, these businesses would receive catalytic investments aimed at helping them expand, create jobs, and contribute more significantly to the national economy.