“Factories registered under the 24-Hour Economy programme will be allowed to import machinery and equipment without paying duties and taxes. This will make it easier for them to scale up operations and compete globally,” President Mahama said. President Mahama assents to 24-Hour Economy Authority BillHe also revealed that he granted presidential assent to the 24-Hour Economy Authority Bill about two weeks ago, making the authority officially operational. President Mahama said business leaders strongly raised concerns about import duties during a recent Presidential Dialogue with the private sector, describing the charges as a major obstacle to expansion and new investment. President Mahama said the government’s approach is based on stability and cooperation between the state, investors and local communities.

Source: GhanaWeb February 26, 2026 19:05 UTC