Former President John Dramani Mahama paid a working visit to Three Dreamer Manufacturing Company in Tema, a city in the Greater Accra Region of Ghana. The company specializes in producing fast-moving consumer goods, including diapers, sanitary pads, toilet rolls, non-dairy creamer, biscuits, candies, fish snacks, beef snacks, LED bulbs, and tin foods. During his visit, President Mahama commended the management and workers for their role in Ghana's industrial development.

President Mahama encouraged the company to continue producing for the Ghanaian market and exploring opportunities across the African market. He highlighted the 24-Hour Economy policy, which was part of the National Democratic Congress's (NDC) manifesto in the run-up to the 2024 elections. According to President Mahama, Three Dreamer Manufacturing Company exemplifies the practical implementation of this policy, which aims to support existing factories to expand operations, increase production, and create jobs.

The President noted that the 24-Hour Economy policy is not limited to establishing new factories but also focuses on supporting existing ones to grow. He cited the example of Three Dreamer Manufacturing Company, which has created employment opportunities for young people. President Mahama emphasized the importance of supporting local manufacturing and creating opportunities for Ghanaian youth.

President Mahama also highlighted Ghana's capacity to produce many of the goods it consumes locally, with potential for export to other African markets. He mentioned products such as tin tomatoes and light bulbs being manufactured locally, which can be exported to other African countries. The President emphasized that the African Continental Free Trade Area (AfCFTA) provides a significant opportunity for Ghanaian businesses to expand production and access markets across the continent.

During his visit, President Mahama expressed his enthusiasm for the young people working at Three Dreamer Manufacturing Company, admiring their happiness and eagerness to earn a living. He encouraged the staff to support their employers in making more income, which would enable the company to expand its business and create more job opportunities. President Mahama emphasized that the success of a factory depends not only on its owners and management but also on the hard work, discipline, and commitment of its workers.

President Mahama's visit to Three Dreamer Manufacturing Company follows a similar visit to Nestlé Ghana Limited, where he witnessed the expansion of production lines. These developments demonstrate that existing companies are responding to opportunities in Ghana's economy by increasing their production capacity. The President reiterated his government's responsibility to create a favorable environment for businesses to produce, expand, and employ more people.

President Mahama concluded by promising that his government would continue to pursue policies that strengthen the Ghanaian cedi and maintain economic stability. He noted that a stable economy would provide businesses with greater confidence to invest, expand operations, and create jobs. With inflation rates coming down, the President expressed optimism about sustaining economic stability and creating a conducive environment for businesses to thrive.

Key points

  • Former President John Dramani Mahama visits Three Dreamer Manufacturing Company in Tema, highlighting its contribution to industrial development and job creation.
  • President Mahama emphasizes the importance of supporting local manufacturing and creating opportunities for Ghanaian youth.
  • The 24-Hour Economy policy aims to support existing factories to expand operations, increase production, and create jobs.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.