Thirty-three companies have registered with the 24-Hour Economy Secretariat to partake in the policy, Minister of Government Communications Felix Kwakye Ofosu has disclosed.
He said government will soon roll out incentives to support businesses operating under the initiative.
He disclosed this in an interview with TV3’s Christian Yalley on Thursday, November 12 ahead of the 2027 Budget presentation.
The Minister said details of the incentives available to participating businesses would be announced in the 2027 Budget as part of government’s efforts to support the programme.
“It is not true that it has not taken off. Indeed, substantial work has gotten into it. Yes, we are yet to realise the full scope of the scale or programme but I can tell you that as of today, there are 33 companies that have registered with the 24-Hour Secretariat,” he stated.
He noted that some of the registered companies had already introduced shift systems and were awaiting government incentives to expand their operations.
He said the development demonstrated that work was already underway to implement the 24-hour economy programme, contrary to claims that the initiative had not taken off.
Kwakye Ofosu explained that the 24-hour economy was not designed as a one-off event but as a long-term measure to expand economic activity and ensure that businesses operate around the clock.
He stressed that the initiative was structured around incentives for private-sector participation, with government seeking to encourage companies to increase production and create more economic opportunities.
He maintained that although the full scale of the initiative was yet to be realised, substantial work had been undertaken towards its implementation.
