Enhancing security for 24-hour economy
In a 24-Hour economy, yet to be implemented in Ghana, where businesses would now operate continuously, there are possibilities of increased rates of criminal activities.
Businesses might face higher security costs, increased insurance premiums and potential closures, all of which negatively impact economic growth and stability.
They would equally face increased operational costs related to security measures, such as hiring guards or installing surveillance systems.
This can make it difficult for businesses, especially small ones, to remain profitable.
Consumers are less likely to patronise businesses in areas perceived as unsafe.
This would lead to decreased sales and revenues for businesses operating at all hours.
Employees may be reluctant to work late-night or early-morning shifts in areas with high crime rates.
To address these, increased surveillance and security measures in public spaces, and particularly in periods of significant social disruption, are needed.
With the proposed 24-hour economy, let us not ignore the importance of the security of rural areas that produce food and raw materials.
Insecurity there can cripple agricultural operations, reduce productivity and potentially lead to increased food prices for consumers.
Furthermore, this threat of crime would discourage investment in agriculture and drive skilled farmers away from their farms, exacerbating economic hardship and social instability.
Agriculture will boost the 24-hour economy; however, security in these areas would include increased police presence and patrols in rural areas and the implementation of better security measures.
Encouraging cooperation between farmers and law enforcement is crucial for gathering intelligence and apprehending culprits, thereby restoring a sense of security and safety to the farming community.
The government should periodically review security policies and practices to adapt to changing crime patterns and technology advancements, to maintain a balance between security and freedom.
Francis Djim.
P.O. Box HP 257,
Ho, V/R.
E-mail:
