The Ghana Tourism Authority (GTA) has welcomed the assent to the 24-Hour Economy Authority Bill, 2025, describing the development as positive news for the country’s tourism and hospitality sector.

President John Dramani Mahama on Thursday signed the bill into law during a brief ceremony ahead of the 13th Cabinet meeting, formally establishing the 24-Hour Economy Authority to coordinate the nationwide implementation of the policy.

Reacting to the announcement in a Facebook post, the GTA characterised the move as “good news for the tourism sector,” signalling expectations that extended economic activity will create fresh opportunities for travel, hospitality, entertainment and related services.

Speaking after appending his signature, President Mahama described the legislation as a flagship strategy aimed at transforming Ghana’s economy. He noted that the process took time to ensure proper legal backing and due diligence, but stressed that attention must now shift from planning to implementation.

According to him, both local and foreign investors are anticipating clear incentive packages that will encourage them to expand operations, boost productivity and create employment, particularly for young people.

The newly established authority is expected to serve as the central coordinating body, aligning public and private sector efforts while addressing infrastructure and regulatory requirements necessary to sustain round-the-clock economic activity.

For the tourism industry, stakeholders say the policy could extend business hours across hotels, restaurants, transport services, entertainment venues and tour operations, potentially increasing visitor spending and improving service delivery.

The GTA’s response underscores growing optimism within the sector that a structured 24-hour economy could enhance Ghana’s competitiveness as a destination while generating jobs and stimulating growth across the broader hospitality value chain.