Business News of Sunday, 22 February 2026Source: classfmonline.comThe Member of Parliament for Ningo-Prampram and Minister for Communication, Sam Nartey George, has raised alarm over persistent power and water supply challenges that threaten industrial expansion, calling for urgent measures to safeguard local manufacturing. According to George, stable and credible power supply remains a fundamental requirement for manufacturers seeking to scale up production and reduce reliance on imports. Beyond electricity, the Ningo-Prampram MP identified water supply as another essential input for steel production, stressing that uninterrupted access to water is vital for operational efficiency and long-term viability. On the policy front, George called for a more favourable taxation regime to bolster the government’s import substitution drive. He maintained that addressing these structural constraints would not only strengthen domestic production capacity but also position Ghanaian industries to play a more central role in the country’s economic transformation.

Source: GhanaWeb February 22, 2026 12:58 UTC