Mahama's 24-hour economy will revive 'dead' Tema - GFL

The Ghana Federation of Labour (GFL) has expressed strong support for former President John Mahama’s commitment to reviving collapsed industries through his proposed economic policies, which aim to create more employment opportunities for Ghanaians.
Mr Abraham Koomson, General Secretary of the GFL, voiced enthusiasm for Mahama’s “24-Hour Economy” proposal, which includes reintroducing the three-shift system that was successfully used in Ghana's manufacturing industries from the 1970s to the early 1990s.
Mr. Koomson highlighted the effectiveness of this system, which employed thousands during its peak, and stated that its revival could significantly boost job creation in the country.
Mr. Koomson reiterated the GFL's strong support for Mahama's proposal.
He emphasized that removing what he called “burdensome taxes” currently imposed by the government could lead to a resurgence in the manufacturing sector.
He criticized the existing tax policies under the current administration, arguing that they have stifled local industries, causing many businesses to collapse or relocate.
According to Mr. Koomson, a balanced tax regime that does not overburden businesses is essential for fostering economic growth and creating jobs.
He also drew attention to the current state of Tema, once a thriving industrial hub, now facing a decline in industrial activity.
Mr. Koomson described Tema as a “dead town” and expressed hope that the 24-Hour Economy policy could help revive industries there and across Ghana.
Mr. Koomson concluded by expressing optimism that a revitalized manufacturing sector, supported by Mahama’s economic vision and targeted policy measures, would not only generate more jobs but also strengthen Ghana’s economy.
He spoke on XYZ TV in Accra
Source: Classfmonline.com/Cecil Mensah
Trending Business
Mahama directs purchase of glut tomatoes and onions from Asante Akim North farmers for SHS feeding
11:11MASLOC to publish names of loan defaulters after final warning
10:34Brazilian Ambassador pledges support for Ghana’s cocoa sector ahead of Afro-Brazil Festival 2025
08:07Fisheries Commission engages stakeholders on Ghana’s first Inland Fisheries Management Plan
03:06Regulatory costs threatens job creation, SME expansion in Ghana: ILAPI and FUNDALIB warn
13:13GIPC pledges support to Guinness Ghana amid rising illegal imports
04:36World Bank disburses $360m to support Ghana’s economic recovery and resilience
03:48President Mahama: Nkoko Nketenkete project to launch in Oct
19:01V/R: AGI marks 30 years with bold vision for 24-hour economy
13:48NEIP, MoFA partner to support agric entrepreneurs under 'Adwumawura' programme
16:41