Tema Development Company Limited (TDC) has officially launched its groundbreaking 24-Hour Prestige and Premium Services, positioning itself as a trailblazer in client-focused innovation within the sector.
Speaking at the launch event held at the company’s headquarters in Tema, Managing Director Mr. Courage Kweku Makafui Nunekpeku described the initiative as more than a business enhancement—it is, he emphasized, a strategic alignment with President John Dramani Mahama’s vision for a 24-hour economy, one that champions efficiency, responsiveness, and inclusive economic growth.
> “In today’s fast-paced world, expectations are higher than ever—and rightly so,” Mr. Nunekpeku noted. “People demand services that are fast, reliable, and always available. With the launch of this platform, we are responding not just to client needs, but to a national call for transformation.”
The newly introduced Prestige and Premium Services are designed to break the mold of traditional working hours, offering clients uninterrupted access to comprehensive real estate solutions—24 hours a day, seven days a week. From midnight inquiries and weekend property viewings to expedited documentation and executive consultations, TDC is now fully equipped to operate as a round-the-clock service hub—the first of its kind in Ghana’s public real estate sector.
Clients subscribed to the Premium Service package will enjoy a suite of elite offerings including:
Access to dedicated relationship managers
On-site engagements by appointment at any hour
The convenience of conducting transactions from a VIP lounge
A bespoke dispatch and courier service for secure, swift delivery of real estate documents across Accra, Tema, and adjoining regions
For those opting for the Prestige Service, all Premium offerings are included—with one key distinction: TDC comes to you. Whether at home, the office, or any preferred location, Prestige clients receive personalized, executive-level assistance delivered on-site, ensuring unparalleled convenience and confidentiality.
These services, according to TDC, are tailored to meet the evolving expectations of high-net-worth individuals, diasporan investors, corporate entities, and professionals whose schedules demand flexibility without compromise.
In his remarks, Mr. Nunekpeku commended President Mahama for his visionary leadership and commitment to a 24-hour economy. He also extended appreciation to the Minister for Works and Housing, the TDC Board of Directors, the company’s dedicated staff, and loyal clients for their continued support.
> “Let us step boldly into a new era—not just of real estate excellence, but of national transformation,” he declared to resounding applause from dignitaries, stakeholders, and industry leaders present.
Joining the celebration, Minister for Works and Housing, Hon. Kenneth Agyei, praised the initiative as a benchmark for modern public sector service. He described the 24-hour model as “ambitious, timely, and deeply aligned” with the government’s Resetting Agenda, which focuses on revitalizing public institutions through innovation, accountability, and citizen-centered delivery.
> “TDC has set a new benchmark. This is the future of public service in Ghana—efficient, digitally integrated, and responsive to the needs of the people,” the Minister stated.
He further emphasized that the initiative would boost operational efficiency, create new jobs both directly and indirectly, and reinforce investor confidence in the housing sector. By extending access to services at all hours, the platform also supports Ghana’s ongoing digitalization drive and strengthens inclusivity in national development.
The Minister commended Tema as the ideal setting for such an innovative rollout, noting the city’s legacy as Ghana’s foremost planned urban center and TDC’s pivotal role in its growth over the past six decades.
As the event concluded, one message stood clear: TDC Ghana Limited is not just adapting to the future—it is helping shape it. With services available 24/7 and a renewed commitment to excellence, the company is setting the pace for responsive, client-centered real estate delivery in Ghana and beyond.
President John Dramani Mahama has unveiled a comprehensive plan for the implementation of the 24-Hour Economy Policy, a flagship initiative that is set to be rolled out in July. Speaking at a multi-sectoral engagement at the Jubilee House, the President revealed that the policy has been thoroughly reviewed and is ready for implementation.
“We have a coherent and actionable framework with which to deliver the results,” President Mahama stated, emphasizing the importance of a stable macroeconomic environment in driving the policy’s success. To guarantee institutional stability, the President is working with Parliament to establish a 24-Hour Economy Secretariat as an independent authority, reporting directly to the President and backed by legislation.
A key highlight of the policy is the development of the Volta Lake Economic Corridor, which will transform the lake into a national logistics route.
“This corridor, centered on the Volta Lake and the Volta Basin, will become a national production zone and logistics hub,” the President announced.
The plan envisions cultivating over two million hectares of arable lakeside land, revitalizing the fishery sector on the lake, and creating a chain of industrial parks that produce goods for domestic and regional markets.
The government will invest in new floating assets, lake ports, and long-term partnerships to support this initiative.
“The lake will be activated as a transport highway, moving food, people, and goods more efficiently than our congested roads allow us to do currently,” President Mahama explained.
The 24-Hour Economy Policy is designed to be implemented from the ground up, with each district establishing its own 24-hour implementation task force, housed within the district and municipal assemblies, and aligned with the local economic development policy. This will allow each region to define and lead its path of industrial transformation based on its natural comparative advantages.
President Mahama outlined several initiatives to support the policy, including land and skills development programs.
“We will develop local land banks zoned, titled, and investment-ready to reduce delays and uncertainty to investors,” he said. The Aspire24 sub-program will train young people for shift-based work, digital roles, and entrepreneurship.
Infrastructure development will be led by the Ghana Infrastructure Investment Fund, which will oversee the construction of industrial parks, logistics hubs, and transport link upgrades. The Development Bank of Ghana and the Venture Capital Trust Fund will scale up value chain finance for SMEs, cooperatives, and agribusinesses in key sectors.
Mahama expressed optimism about the program’s potential, stating, “This is no longer just a vision. It is a structured, sequenced, and inclusive plan, and its implementation is beginning.” The draft program document will be released for public consultation, and the policy is set to be officially launched in July, coinciding with Ghana’s Republic Day.
NPA partners security agencies for safe 24-hour fuel stations.
Adnan Adams Mohammed
The National Petroleum Authority (NPA) is seeking collaboration with various security agencies to ensure the safety of consumers and personnel at fuel stations across the country as they prepare to commence 24-hour operations.
The NPA has emphasized the importance of strict regulation and enforcement to protect the petroleum downstream industry from criminal activities.
The industry is highly susceptible to criminal activities, including fuel smuggling, illegal siphoning, and fraudulent transactions.
“We will need the active involvement of the National Intelligence Bureau (NIB), alongside the NPA’s intelligence unit and other security agencies like the Police, Customs, and Fire Service, to combat all forms of fuel-related crimes,” the Chief Executive of NPA, Godwin Edudzi Tameklo
Mr. Tameklo said at a special meeting with the Eastern Regional Minister, regional security heads, and key stakeholders at the Eastern Regional Coordinating Council (RCC) in Koforidua.
Meanwhile, he hinted at the NPA’s plans to provide specialized training for security agencies to enhance their capacity in tackling petroleum-related offenses.
Lawyer Tamaklo stressed that the government’s plan to roll out a 24-hour economy could only succeed if the security and safety of consumers and petroleum workers were assured.
“Petroleum is a hazardous product, and we cannot afford to overlook safety concerns. The NPA will work closely with the Fire Service and other security agencies to ensure the highest levels of safety and security,” he emphasized.
In a recent unfortunate incident, masked armed robbers attacked the Kansaworodo branch of the Total fuel station in the Sekondi-Takoradi Metropolis of the Western Region at dawn.
Fortunately, the keys to the safe were with the manager, who was not on the premises at the time, so the robbers left empty-handed.
The Eastern Regional Minister, Rita Akosua Adjei Awatey, pledged the support of the Regional Coordinating Council (RCC) and assured the NPA of her full cooperation in ensuring safety and regulatory compliance in the petroleum sector across the Eastern Region.
She also proposed integrating the Regional Security Council (REGSEC) into the NPA’s operations nationwide to strengthen security and improve collaboration.
Additionally, she commended the NPA’s commitment to consumer protection and regulatory enforcement.
I am pleased to have a second opportunity to join you at your annual end-of-year cocktail. This networking event provides an excellent opportunity to share new ideas, knowledge, wisdom, and experiences.
And I mean experiences from Ghana that defy all the models and theories taught in Business Schools – because if you have survived this economy since 2018, then you are a successful global case study.
Like my first participation, I have enjoyed your warm friendship and insightful conversations and shared great ideas with many of you here tonight. Of course, my determination to transform Ghana’s economy into a 24-hour working economy featured prominently in the conversations.
But I cannot help but repeat the point made by one of the CEOs, with deep regret written on his face, that “we want to pay every legitimate tax, BUT the needless harassment from GRA must stop. Back-dated tax audits, re-audits and assessments based on the whims of the taxman are killing businesses”, he lamented.
Ladies and gentlemen, many businesses still bear the brunt of the economic meltdown. This is because, contrary to the Finance Minister’s assertion, we have not turned any corner, and 2024 will be a very challenging year. Many have shut down their businesses, and hundreds of thousands of laid-off workers are still at home.
Businesses that moved headquarters from Ghana to our neighbouring countries have yet to return. The poorly thought-through banking sector clean-up has left thousands of skilled financial sector workers, jobless and impoverished.
As I speak, the second tranche of the IMF’s Extended Credit Facility, due on the first of November, has still not been received because of a delay by our external creditors to sign off on our debt restructuring programme.
Of course, the consequences of our debt default have also started manifesting. For the first time in thirty years, Ghana struggled to assemble a cocoa-syndicated loan, which had almost become routine on our financial calendar. Major infrastructure projects have stopped because lenders have cut funding as a direct fallout from our debt default.
Independent Power Producers continue to threaten power cuts due to mounting debts affecting their operations. A few days ago, one of the producers threatened to take out 560 MW of power before a promise to pay was made. Ghanaians face grave uncertainty if more of them follow suit.
As a proud Ghanaian and a political leader, it is disheartening that the government has severely damaged our country’s reputation on the global stage.
Recent data from available research shows that the cost of living in Ghana is very high, and people are struggling to make ends meet due to the economic downturn. This includes pensioners who invested their savings in government bonds, hoping to enjoy a better retirement.
Business confidence remains low, with private sector credit declining in real terms. As of October 2023, credit to the private sector had decreased significantly by 31.6%. This is because of the government’s excessive borrowing over the last seven years and reliance on the short-term treasury market.
Lending rates increased to over 32% in October 2023 due to the Bank of Ghana’s tight monetary policy, high treasury bill rates, and rising non-performing loans.
The immutable reality is that the first three quarters of the year (2023) have also been a tragic period for Ghana’s industries, causing a setback for the country’s economic transformation. While the mining and quarry sector is still holding out, most sub-sectors, such as construction, electricity, water supply, sewerage, and waste management, have experienced a decline.
These are clear signs of an ailing economy— an economy whose industrial base is failing and businesses collapsing with growing unemployment and its associated poverty and misery. Unemployment remains high, with the latest data indicating about 14%.
Meanwhile, the 2024 budget and financial estimates of the government presented to parliament have introduced, yet again, a raft of taxes that will only add to a list of already burdensome taxes. These taxes, combined with very high-interest rates, will further whittle away the capital of Ghanaian businesses and hinder their competitiveness.
The economic crisis has ravaged all of us, but as business leaders, you have a deeper appreciation of the current situation. Paraphrasing Bob Marley and the Wailers, “who feels it, knows it.”
Undoubtedly, the economic catastrophe we face is self-inflicted and caused by this government! However, for the sake of Ghanaians and the future of our dear country, we cannot allow the status quo to continue.
As flagbearer of the National Democratic Congress, I have put forth several proposals to ensure that the economy is returned to a stable footing and that economic activity is expanded for job creation and growth.
I have committed the future NDC government to stringent enforcement of prudence and fiscal discipline in public financial management. Government expenditure will be cut and streamlined by significantly reducing the number of overlapping agencies and amorphous creations of this NPP administration.
As I noted at last year’s event, we cannot fail to learn from the present economic catastrophe. This crisis shows there is no substitute for prudent financial management.
Ladies and gentlemen, we are faced with a triple helix problem that threatens the stability of our democracy, namely, a financial crisis, severe unemployment, and unprecedented levels of corruption. Without an economic revamp, we cannot hope to make any mark in our massive unemployment crisis, which is leading many of our young people down the road of despair.
Research shows that unemployment, unavailability of jobs, poverty, high cost and poor living conditions are issues of grave concern to many Ghanaians.
Chief Executives, business owners, ladies and gentlemen, we cannot continue the business-asusual way of doing things. We must think outside the box. We must enhance efficiency by optimising available resources, including infrastructure and human resources.
Ghana must work efficiently!
The restless quest for efficiency to solve our financial and unemployment problems is why I have
emphasised that more than the traditional and regular methods of economic activity would be
needed to revitalise our economy.
My next administration will pursue projects and programmes to transform Ghana into a fullyfledged 24-hour economy by optimising available resources.
I acknowledge the massive support for the idea of a 24-hour economy by the Trades Union Congress, Civil Society Organizations, Journalists, Lecturers, Labour Consultants, CEOs and Captains of industry, personnel from the creative arts industry, drivers, traders, and the teeming unemployed youth of Ghana.
God willing, from January 7, 2025, we shall implement a series of TRANSITION MEASURES to address the economic decline and set Ghana on the path to recovery.
The proposed 24-hour economy forms part of the NDC’s vision to build the Ghana We Want. Let me reiterate that our quest to build the Ghana we want together with you will be premised on:
Building an industrialised, inclusive, and resilient economy that creates well-paying jobs,
Creating an equitable, healthy, and prosperous nation,
Developing well-planned, safe communities while protecting the natural environment,
Building effective, efficient, and dynamic institutions for national development; and
Strengthening Ghana’s role in African and international affairs.
Ladies and gentlemen, the 24-hour economy may have finally resonated with Ghanaians. It may be classified as an idea whose time has come due to Ghana’s self-inflicted economic crisis today because the 24-hour economy initiative was well-thought-through and captured on page 105 of the NDC’s 2020 People’s Manifesto.
Indeed, its roots emanate from the 40-year National Development Plan the National Development Planning Commission (NDPC) put together when I was President. Unfortunately, the present government discarded the 40-year plan and replaced it with a Ghana Beyond Aid plan that has turned Ghana into a beggar nation.
Stripped to the essentials, ladies and gentlemen, the 24-hour policy will be anchored as an economy that runs around the clock with a three-shift work schedule in many sectors. The intent is to transform Ghana into, first, a self-sufficient and then an export-led economy.
To be clear, we are not creating a command economy with centralised planning. That would be at variance with the Social Democratic ideology of the NDC.
Specifically:
We will combine government support and private sector involvement to realise the 24-hour economy.
We will establish a comprehensive policy framework that supports the growth of a 24-hour economy.
Legislation will be introduced to support businesses operating 24/7, including labour laws, tax incentives, and regulations that ensure workers’ rights and protection.
Favourable tax policies will be adopted so that businesses can reduce their operational cost and stay competitive.
Companies that sign up for the 24-hour economy policy will enjoy smart metering calibrated to charge a lesser tariff (per KW/h) for power consumed during off-peak hours at night based on a Time of Use (ToU) tariff system.
Financing support will be provided for certain strategic agro-processing firms and manufacturing companies to boost production for value addition, self-sufficiency, and increased exports.
Knowing that the government is the biggest spender in the economy, we shall boost demand by ensuring that all government ministries, agencies, assemblies, and stateowned enterprises buy made-in-Ghana goods and procure the services of Ghana-based firms where available.
We will address safety and security measures to ensure smooth operations across all sectors during extended hours.
We will see the availability of the necessary infrastructure, such as transportation networks, public amenities, and security systems, including a well-regulated and monitored private security architecture to facilitate round-the-clock activities.
Technology and digital infrastructure investment would also be prioritised to enable automation and seamless operations.
We cannot have a successful 24-hour economy without an aggressive expansion in our exports.
I will, therefore, personally chair an Accelerated Exports Development Council (AEDC), which will meet quarterly to review initiatives for expanding Ghana’s exports under the 24-hour economy.
ECOWAS Trade Liberalization Scheme (ETLS) and the African Continental Free Trade Agreement (AfCFTA).
There will be extensive consultation and collaboration with various stakeholders, including CEOs, businesses and workers’ unions.
Businesses will be encouraged to empower the workforce with the necessary skills and training to thrive in a 24-hour economy, focusing on the most impacted sectors.
Sanitation, cleaning services, garbage collection and environmental protection will also form a significant part of the 24-hour economy.
Financial services at the port, shipping agents, and customs will be enabled to work additional shifts at night and at weekends to allow for the 24/7 clearing of goods at our ports. This will help reduce demurrage charges on importers and reduce congestion at our
ports.
My brothers and sisters, there will be no limit to the sectors the 24-hour economy initiative will
target. And the benefits will be enormous. Through the 24-hour economy, we will create new,
decent, and well-paying jobs for the youth, reduce unemployment, which is a significant challenge,
and improve the living standards of Ghanaians.
Also, the expanded range of operating or working hours will increase productivity and fully utilise
all resources, including infrastructure. The 24-hour economy will provide greater flexibility and
convenience for workers and allow citizens to access goods and services anytime.
We will improve infrastructure, lighting, and security at entertainment districts such as the Osu Oxford Street, Abeka LaPaz, East Legon Lagos Avenue, etc., to allow operations throughout the night – Consider hospitality, transportation, and security, including a well-regulated and monitored private security establishment. These will enhance the consumer experience and create a thriving and dynamic economy.
Let me add that the 24-hour economy will also attract foreign direct investment to stimulate the local economy and create more employment opportunities for Ghanaians.
We would wage a strong fight against corruption to reduce waste and save money for reinvestment in the economy. The sword of the fight against corruption will cut both ways – against past government officials, officials of the incumbent administration, civil and public servants, businesses, government suppliers, etc.— if they fall foul of the law.
We would review our laws governing the extractive industry so that Ghana can increase its share and local participation in exploiting our natural resources.
I believe that with improved revenues from the savings made from a reduced size of government, the anti-corruption fight, fast-tracked operationalisation of new oil and gas wells, increased investment in the mining sector and a revamped cocoa sector, we can ease the heavy burden of tax that has been placed on Ghanaian households and businesses.
Ladies and gentlemen, we in the NDC have never claimed to be repositories of all knowledge, and so we look forward to the mutual sharing of ideas and insights with you as we have done here tonight. We need to network more, and I look forward to another opportunity where I can sit and interact, take your questions, share more thoughts, and imbibe your suggestions to tackle our collective problems.
When entrusted with the governance of this country and the management of the economy, I pledge on behalf of the NDC to stay the course of prudence to maintain stability and predictability in the economy.
Incidentally, today is December 7, and a year today, we would have begun counting and tallying the results of the Presidential and Parliamentary elections. By this time, Ghana will be preparing for the results of a decisive election for CHANGE. We are confident that the survival of businesses like yours depends on a stable macroeconomic environment. It will also depend on the need for change next year.
I remain optimistic about the Mahama 24-hour economy initiative.
In a rapidly advancing global economy, in which countries worldwide are gradually drifting and adopting 24-hour economies to remain competitive and attract investments – Ghana cannot be left out.
With increasing urbanisation, where many previously rural communities are becoming urbanised with its associated higher demand for goods, including food, beverages, and services around the clock – Ghana cannot be left out.
With an expanding services sector in which healthcare, tourism, entertainment, Business Processing Outsourcing and Call Centres have the potential to operate optimally and continuously – Ghana cannot be left out.
With technological advancements enabling communication, coordination, and transactions at any time, making it easier for businesses to operate 24 hours, seven days a week – Ghana cannot be left out.
Finally, my dear CEOs, let me assure you that we shall pursue initiatives that allow the private sector to flourish consistently and visibly and in a way that improves upward socio-economic mobility and social justice.
My commitment is to stop the excessive and direct competition between the government, its agencies, and cronies with private businesses through dubious restriction mechanisms and aggressive business regulation.
The 24-hour economy is a game-changer for the Ghanaian economy. It will benefit your businesses, employment and the enjoyment of the youth who are seeking jobs.
We shall vigorously pursue the 24-hour economy, amongst many other initiatives, as part of our broader vision and determination to increase economic growth, create jobs, and improve the quality of life of Ghanaians.
We shall work with you to build the Ghana we want together.
