Competition in the cement industry has been identified as a fundamental tool to ensure that cement becomes affordable. The Centre Coordinator for CUTS International, Mr Appiah Kusi Adomako, said such competition in the market was healthy because it led to lower prices of goods and services, provided better service and wider options for consumers, stimulated … Read more
An important development in our cement industry has been the introduction by government of price deregulation, to neutralise local producers’ market monopoly and incidents of cement shortage. Local producers had captured the lion share of the market and had made the greatest impact on retail prices, but when Dangote and other foreign firms jumped in, … Read more
The Trade and Industry Ministry has clarified the brewing impasse between it and the Cement Manufacturers Association (CMA). In a statement released Monday, sector Minister, Dr Ekwow Spio-Garbrah explained the role of Cement Monitoring Committee (CMC) which he said is mandated to advise him and make recommendations. “However, the L. I does NOT mandate the … Read more
The management of Dangote Cement Plc says the company is well positioned to become the leader of the cement industry in Ghana and Africa within the shortest possible time. The Group Head, Corporate Communications of Dangote Industrial Limited, Anthony Chiejina, told Business Day in Lagos that Dangote Cement’s competitors in Ghana such as Ghacem must … Read more
The Minister of Trades and Industry, Ekow Spio-Garbrah has explained that prices of cement in the country have reduced appreciably due to moves by government to boost competition in the sector. Spio-Garbrah has come under pressure from the Association of Cement Manufacturers of Ghana (CMAG) for approving the license of some foreign companies to import … Read more
The price of cement has dropped slightly on the market in what appears to be a price war among competing brands. Dangote Cement Ghana Limited was the first to drop its price in September, following which GHACEM Limited reduced its price by about the same margin. The prices of 50-kilogramme (KG) bags of both GHACEM … Read more