“In a competitive market both consumers and producers are presented with affordable and wider choices of quality goods and service and this brings about efficiency in allocation of resources, thus the benefits of a competitive market cannot be overlooked. In a an emerging economy like Ghana, it is important to embrace the need for a … Read more
Over the past couple of months, local cement manufacturers in the nation have greatly expressed concern over unfair competition by foreign producers, particularly Nigeria’s Dangote Cement. Complaints directed to the government include that the activities of the foreign companies on the market makes their operational cost very unfavorable. One of the country’s leading cement producers, Diamond Cement … Read more
Local cement producers in the country have in the past months complained bitterly to government over unfair competition by importers of cement from other countries as well as the operation of Dangote Cement. This has brought untold operational difficulties on local cement producers since the market does not favour their operational cost. Direct effect of … Read more
President John Mahama has said his government will ensure Dangote Cement competes fairly in the Ghanaian market if investigations by the Ghana International Trade Commission find that the Nigerian cement company is enjoying certain subsidies and tax holidays in Africa’s most populous country, which give it certain advantages over local cement manufacturers in Ghana. Local … Read more