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President Mahama assents to 24-Hour Economy Authority Bill

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President John Dramani Mahama on Thursday February19, assented to the 24-Hour Economy Authority Bill, 2025, in a brief ceremony before the 13th cabinet meeting.
In his remarks after the signing, the president said, “Cabinet colleagues, I just appended my signature to give assent to the 24-hour Authority Bill.
This Bill, which Ghanaians have been waiting for, was one of our flagship strategies for economic transformation.”

He explained that the process took a while because the government had to ensure due diligence to give legal effect to the policy initiative.
“Now we must move from strategy to implementation. The business sector is waiting, Ghanaian investors are waiting, foreign investors are waiting,” President Mahama added.
He added that “They want to see the package of incentives that we can afford, so that they can invest more and expand productivity and also create more employment for our young people, and so it’s my pleasure to assent to this Bill today.”
The bill establishes a 24-Hour Economy Authority to serve as the central coordinating body to implement the policy, aligning public and private sector efforts, and addressing infrastructure and regulatory needs.
[12:18, 19/02/2026] Edem: Minister highlights Fugu’s role in jobs, culture and tourism

Minister for Tourism Culture and Creative Arts, 009Abla Dzifa Gomashie has reaffirmed Fugu’s growing importance as a driver of job creation, cultural preservation and tourism development during a joint stakeholder engagement with smock producers and dealers in Accra.
The meeting, co-led by Minister for Trade, Agribusiness and Industry by Elizabeth Ofosu-Adjare, focused on strengthening the Fugu value chain, tackling production challenges and expanding market access, while producers raised concerns about raw materials, financing, distribution and the need for wider promotion in schools and public institutions.

The engagement comes amid renewed global attention on Ghana’s indigenous textiles, following President John Dramani Mahama’s recent appearance in Fugu during a state visit to Zambia.
The Ministry of Tourism, Culture and Creative Arts reiterated its commitment to collaborating with stakeholders to position Fugu as a symbol of national identity and a catalyst for inclusive economic growth.
News
Over 20 structures levelled at Laboma Beach Resort

Over 20 structures built within the 50-metre buffer zone of the Kpeshie Lagoon at the Laboma Beach Resort in the La Dade-Kotopon Municipality were on Sunday demolished by the Greater Accra Regional Coordinating Council (GARCC).
Buildings such as single-unit semi-detached under construction and completed chalets at the resort were pulled down while portions of a newly constructed perimeter wall were also demolished. Read More
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MTN Ghana climaxes 30th anniversary with CEO Invitational golf

About 120 golfers from clubs across Ghana participated in an 18-hole competition, dubbed ‘MTN 30th Anniversary CEO Invitational Golf Tournament’ held at the Achimota Golf Club on Saturday.
At the end of the hectic day, Frederick Semenu Duvor won the Men’s Group A event with 39 points, while Julienne Afi claimed the Ladies’ Group A title with the same score.
Yaw Mireku Jnr. won the Men’s Group B with an impressive 45 points, while Kous Louanges Mang took the Ladies’ Group B title with 38 points.
Kofi Mangesi won Men’s Group C with 40 points while Elorm R. Akuash Bonney claimed the Ladies’ version with 42 points.
In the Seniors Division, Jan Vogel emerged winner of the men’s category with 39 gross, while Helen Appah topped the ladies’ category with 44 gross.
Addressing participants, the company’s Board Chairman, Mr Ishmael Yamson, urged the company to approach its next phase with the same resilience, discipline and determination that have defined its success over the past three decades.
He drew a striking parallel between the game of golf and MTN Ghana’s three-decade journey, describing both as long games in which success depends less on one spectacular moment than on consistency, patience, judgment and the ability to recover from setbacks.
He said, golf had taught him a lesson that extended far beyond the fairways, thus, a round cannot be won on the first hole.

In golfing terms, he said, MTN Ghana had encountered its share of regulatory bunkers, competitive hazards and unexpected storms that had forced the company to pause, reassess and change its approach.
But those challenges, he suggested, were part of the journey rather than reasons to abandon it.
By Andrew Nortey
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