Mahama's 24-hour economy will revive collapsed industries in Tema - GFL

The Ghana Federation of Labour (GFL) has strongly supported former President John Dramani Mahama's commitment to reviving collapsed industries through his proposed economic policies, which aim to create more employment opportunities for Ghanaians.

Abraham Koomson, the GFL's general secretary, expressed 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 generate more jobs and strengthen Ghana's economy.

He spoke on XYZ TV in Accra.