Cement Producers praise the Trade Minister and Reject Price Increase Allegations

by Mawuli
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PR & COMMS UPDATE – MOTAI

The Ghana Standards Authority (GSA) leadership and Hon. Elizabeth Ofosu-Adjare, MP, Minister for Trade, Agribusiness, and Industry, have held talks with the Chamber of Cement Manufacturers Ghana (COCMAG) to address new issues in the cement industry and guarantee stability, equity, and compliance throughout the sector.

Bishop Dr. George Dawson-Ahmoah, the Chief Executive Officer of COCMAG, praised the Honourable Minister for her courageous leadership and the solid and friendly connection that has existed with cement producers over the years during his remarks during the media conference on Monday, January 19, 2026.

He characterised the existing partnership as beneficial and crucial to preserving mutual understanding and sanity in the sector.

He states that while the Chamber has continuously encouraged competition in the cement industry, it is nevertheless adamantly against unfair trade practices.

He emphasised that talks with the Ministry have concentrated on maintaining rigorous adherence to quality standards, upholding current rules, and guaranteeing a level playing field for all businesses.

Dr. Dawson-Ahmoah also reassured the Ministry of the Chamber’s dedication to self-regulation, pointing out that producers are still making efforts to guarantee that cement made in the nation satisfies necessary requirements.

In order to develop a compliant and sustainable cement business, he reaffirmed COCMAG’s willingness to continue working with the government through the Ministry.

Addressing concerns about cement pricing, Hon. Elizabeth Ofosu-Adjare, Minister for Trade, Agribusiness, and Industry, confirmed that cement prices had not increased, contrary to public conjecture.

She stated that the government has been working closely with manufacturers within the scope of existing legislation to ensure fairness for both producers and consumers.

Hon. Ofosu-Adjare added that cement prices, which were comparatively higher towards the end of 2024 with the 42.5 grade selling at roughly GH₵118 and the 32.5 grade at around GH₵113, had since fallen.

Currently, the 42.5 quality of cement sells at roughly GH₵107, while the 32.5 grade retails between GH₵80 and GH₵85, indicating stronger competition and enhanced macroeconomic stability.

Although she admitted that production costs are influenced by variables including exchange rates, energy costs, and electricity tariffs, she stressed that manufacturers have promised the Ministry that they will keep pricing reasonable for customers.

In order to improve transparency and public comprehension of how prices are set, the Hon. Minister also announced plans for the Ministry to engage with cement manufacturers to increase public education on cement pricing and ex-factory price disclosures.

Regarding standards, she reiterated the Ghana Standards Authority’s responsibility to guarantee that cement sold on the market satisfies stated requirements, guaranteeing customers that goods marked as 32.5 or 42.5 grades will strictly adhere to those criteria.

In addition to praising COCMAG for its transparency, cooperation, and readiness to abide by the law, the Trade Minister reassured the public that the government will keep working with industry participants to ensure price stability, quality control, and consumer protection in the cement industry.

Source: newsthemegh.com

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