Ghana's 2027 Budget does not specify several incentives proposed to attract businesses into Ghana’s 24-hour economy programme.
The omissions include corporate income-tax rebates for businesses operating multiple shifts, discounted electricity tariffs for night-time production and rebates on manufactured exports. These were central features of the 283-page policy document released in July 2025 to support the NDC’s “1-3-3” vision.
The policy sought to make longer operating hours commercially attractive by reducing production costs and supporting business expansion. It proposed a 25% rebate for businesses operating two shifts and a 50% rebate for those running three shifts. The budget identifies three specific tax measures, including a deferral of import duty, levies and VAT on qualifying machinery and inputs.
The 2027 Budget allocates ¢165 million to the 24-Hour Economy Secretariat and proposes that the Ghana Sovereign Wealth Fund become an equity partner in programme projects. The original programme was estimated to require $4 billion initially, including $300 million in government funding.
The budget provides other support for the programme, but the status of the wider incentives outlined in the July 2025 policy document remains unclear.
Presidential Adviser on the 24-Hour Economy and Accelerated Export Development Programme will need to clarify the status of the incentives. A manufacturer considering a third shift would need to weigh the additional wages, electricity consumption and financing costs against the revenue it expects to earn. Cheaper night-time electricity and corporate tax rebates could influence that calculation.
The 24-hour economy programme aims to connect production, infrastructure and logistics to support continuous economic activity. The programme proposes large regional industrial parks known as Wumbei Parks and agricultural production and processing zones along the Volta Basin. The budget does not specify the corporate tax rebates originally proposed for businesses operating additional shifts.