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		<title>Tema Port Stakeholders Endorse 24-Hour Economy Rollout</title>
		<link>https://almightyfm.com/tema-port-stakeholders-endorse-24-hour-economy-rollout/</link>
					<comments>https://almightyfm.com/tema-port-stakeholders-endorse-24-hour-economy-rollout/#respond</comments>
		
		<dc:creator><![CDATA[Daniel Angate]]></dc:creator>
		<pubDate>Fri, 04 Jul 2025 10:34:52 +0000</pubDate>
				<category><![CDATA[Business & Economy]]></category>
		<category><![CDATA[BUSINESS]]></category>
		<category><![CDATA[24-Hour Economy]]></category>
		<category><![CDATA[Tema Port]]></category>
		<guid isPermaLink="false">https://almightyfm.com/?p=614</guid>

					<description><![CDATA[Stakeholders at Tema Port have thrown their full support behind the government’s ambitious 24-Hour Economy initiative, scheduled to take effect across Ghana’s ports beginning July 1, 2025. The move is expected to revolutionize trade operations and significantly boost economic growth. Key institutions including the Customs Division of the Ghana Revenue Authority (GRA), Ghana Ports and [&#8230;]]]></description>
										<content:encoded><![CDATA[<p data-start="280" data-end="773">Stakeholders at <a class="cursor-pointer" href="https://www.gwcl.com.gh/tema-port/" target="_new" rel="noopener" data-start="296" data-end="343">Tema Port</a> have thrown their full support behind the government’s ambitious <a class="cursor-pointer" href="https://www.graphic.com.gh/news/politics/ndc-to-roll-out-24-hour-economy-if-elected-mahama.html" target="_new" rel="noopener" data-start="409" data-end="523">24-Hour Economy</a> initiative, scheduled to take effect across Ghana’s ports beginning <strong data-start="592" data-end="608">July 1, 2025</strong>. The move is expected to revolutionize trade operations and significantly boost <a class="" href="https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=GH" target="_new" rel="noopener" data-start="689" data-end="772">economic growth</a>.</p>
<p data-start="775" data-end="1303">Key institutions including the <a class="cursor-pointer" href="https://gra.gov.gh/customs-division/" target="_new" rel="noopener" data-start="806" data-end="899">Customs Division of the Ghana Revenue Authority (GRA)</a>, <a class="" href="https://www.ghanaports.gov.gh/" target="_new" rel="noopener" data-start="901" data-end="976">Ghana Ports and Harbours Authority (GPHA)</a>, <a class="" href="https://www.mps-gh.com/" target="_new" rel="noopener" data-start="978" data-end="1033">Meridian Port Services (MPS)</a>, <a class="" href="https://ghanalink.com.gh/" target="_new" rel="noopener" data-start="1035" data-end="1091">Ghana Link Network Services</a>, <a class="" href="https://giffghana.com/" target="_new" rel="noopener" data-start="1093" data-end="1137">freight forwarders</a>, shipping lines, terminal operators, and logistics providers have all declared their readiness, calling the new system a <strong data-start="1259" data-end="1277">“game-changer”</strong> for the logistics sector.</p>
<p data-start="775" data-end="1303"><em><strong>Also Read: <span style="color: #ff0000;"><a style="color: #ff0000;" href="https://almightyfm.com/import-taxes-fueling-cedi-depreciation-food-and-beverage-association-boss-warns/">Import Taxes Fueling Cedi Depreciation – Food and Beverage Association Boss Warns</a></span></strong></em></p>
<p data-start="1305" data-end="1742">Initially introduced by <a class="cursor-pointer" href="https://www.aljazeera.com/news/2024/11/18/ghana-opposition-leader-mahama-unveils-ambitious-24-hour-economy-plan" target="_new" rel="noopener" data-start="1329" data-end="1480">former President John Dramani Mahama</a> during his first administration, the policy aims to transform the operational landscape at both <a class="" href="https://en.wikipedia.org/wiki/Tema" target="_new" rel="noopener" data-start="1577" data-end="1619">Tema</a> and <a class="" href="https://en.wikipedia.org/wiki/Takoradi" target="_new" rel="noopener" data-start="1624" data-end="1674">Takoradi</a> Ports by enabling critical services to function continuously, 24/7.</p>
<h3 data-start="1744" data-end="1785">Customs Fully Prepared for Transition</h3>
<p data-start="1787" data-end="2118">Speaking at the <strong data-start="1803" data-end="1843">Customs Joint Consultative Committee</strong> forum, Assistant Commissioner <strong data-start="1874" data-end="1893">Theresa Potakey</strong>, Tema Sector Commander of the GRA Customs Division, assured the media that “Customs is ready.” She revealed that the <span style="color: #000000;"><a class="cursor-pointer" style="color: #000000;" target="_new" rel="noopener" data-start="2011" data-end="2052">GRA Board</a></span> has approved additional staff deployments to support the rollout.</p>
<p data-start="2120" data-end="2314">“This will boost productivity and reduce <span style="color: #000000;"><a class="cursor-pointer" style="color: #000000;" target="_new" rel="noopener" data-start="2161" data-end="2263">vessel turnaround time</a></span>, a key measure of port competitiveness,” she said.</p>
<h3 data-start="2316" data-end="2371">Freight Forwarders and Private Sector Voice Support</h3>
<p data-start="2373" data-end="2806">Chairman of the <a class="" href="https://giffghana.com/" target="_new" rel="noopener" data-start="2389" data-end="2459">Ghana Institute of Freight Forwarders (GIFF)</a>, <strong data-start="2461" data-end="2478">Johnny Mantey</strong>, called the development a “dream come true,” especially for Tema Port, which handles a significant portion of Ghana’s maritime trade. He emphasized the importance of <strong data-start="2645" data-end="2674">complementary investments</strong> in infrastructure like <strong data-start="2698" data-end="2715">road networks</strong>, <strong data-start="2717" data-end="2729">lighting</strong>, <strong data-start="2731" data-end="2745">sanitation</strong>, and <strong data-start="2751" data-end="2770">24-hour banking</strong> to ensure the initiative&#8217;s success.</p>
<p data-start="2808" data-end="3078">Director of Operations at <a class="" href="https://ghanalink.com.gh/" target="_new" rel="noopener" data-start="2834" data-end="2890">Ghana Link Network Services</a>, <strong data-start="2892" data-end="2910">Reymond Amaglo</strong>, affirmed that the <a class="" href="https://icums.gov.gh/" target="_new" rel="noopener" data-start="2930" data-end="2999">Integrated Customs Management System (ICUMS)</a> will serve as the digital engine driving the uninterrupted clearance of goods.</p>
<h3 data-start="3080" data-end="3111">Coordination Key to Success</h3>
<p data-start="3113" data-end="3346">Stakeholders from the <strong data-start="3135" data-end="3190">Ship Owners and Agents Association of Ghana (SOAAG)</strong>, including <strong data-start="3202" data-end="3223">Adam Imoro Ayarna</strong>, stressed the need for public-private coordination, especially since many shipping lines already operate around the clock.</p>
<p data-start="3113" data-end="3346"><em><strong>Also Read: <span style="color: #ff0000;"><a style="color: #ff0000;" href="https://almightyfm.com/july-2025-wellness-trends-whats-actually-working-the-complete-2025-guide-from-real-experience/">July 2025 Wellness Trends: What’s Actually Working: The Complete 2025 Guide (From Real Experience)</a></span></strong></em></p>
<p data-start="3348" data-end="3466">“We must ensure Ghana’s ports remain competitive, efficient, and responsive under this new economic model,” he stated.</p>
<p data-start="3468" data-end="3635">Burkinabè importers also welcomed the plan but urged the GPHA and its partners to publish a <strong data-start="3560" data-end="3584">detailed action plan</strong> to help align expectations and track deliverables.</p>
<hr data-start="3637" data-end="3640" />
<h3 data-start="3642" data-end="3680"><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f6a2.png" alt="🚢" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Ghana’s Ports Set for a New Era</h3>
<p data-start="3682" data-end="4107">The introduction of the 24-hour economy model at <a class="" href="https://www.ghanaports.gov.gh/" target="_new" rel="noopener" data-start="3731" data-end="3774">Tema Port</a> is seen as a bold step towards improving <span style="color: #000000;"><a class="cursor-pointer" style="color: #000000;" target="_new" rel="noopener" data-start="3816" data-end="3916">Ghana’s logistics and trade infrastructure</a></span>. The initiative supports broader national goals of becoming the preferred <strong data-start="3991" data-end="4017">gateway to West Africa</strong>, enhancing both <strong data-start="4034" data-end="4058">regional integration</strong> and <a class="" href="https://www.wto.org/" target="_new" rel="noopener" data-start="4063" data-end="4106">international trade</a>.</p>
<p data-start="3682" data-end="4107">
<p data-start="3682" data-end="4107"><span style="background-color: #000000; color: #ffffff;">Source: </span>Ghanaweb</p>
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