Labour expert Austin Gamey emphasized that implementing a 24-hour economy is the key to repairing the country’s struggling economy. He stressed that without such a system, Ghana would remain stagnant.
Speaking on Citi FM, Gamey stated, “To me, the 24-hour economy is the solution…In the absence of a 24-hour economy, this country will not grow.”
He argued that a comprehensive policy on the 24-hour economy would promote fairness and social justice.
In contrast, National Democratic Congress Flagbearer John Dramani Mahama pledged to introduce a 24-hour economy if re-elected. He claimed this initiative would generate new, quality employment opportunities and enhance living standards for Ghanaians, particularly the unemployed youth.
The concept of a 24-hour economy involves implementing measures to ensure businesses operate continuously, both day and night, across various sectors.
This includes adopting a three-shift system of eight hours each to promote productivity, competitiveness, and well-paying jobs.
The objective is to maintain a vibrant economy throughout the day and night, fostering increased employment prospects. Businesses would need to adjust by hiring more staff and implementing shift schedules.
John Mahama’s proposal to introduce the 24-hour economy has sparked both criticism and praise from different segments of society.