Home / GENERAL NEWS / Prices Of Cement To Hit ¢55,¢60 Per 50 Kilo Bag From Next Week

Prices Of Cement To Hit ¢55,¢60 Per 50 Kilo Bag From Next Week

Spread the love

The price for a 50-kilo bag of cement is expected to be increased from the current ¢45 Ghana to ¢55 per bag from next week.

Joy Business is learning that the product will be sold in Accra at however ¢60.


Sources say the increment can be attributed to the depreciating value of the Ghana cedi, the recent hikes in transport fares and the Russian-Ukraine war, which has affected the movement of logistics and transportation of some of the raw materials from abroad for local production.

See also  Today's Newspaper Headlines: Tuesday,1st February ,2022



The development may impact the prices of houses in the short term and the personal budget of many individuals who are currently putting up houses in the country.






Manufacturers have in recent times pushed for the government to take a second look at the taxes on inputs and charges at ports.








They were hoping that could have helped the situation, especially last year.

But this didn’t get the needed attention from the government.

See also  NPP Women’s Organizer Seeks Justice For Burnt Mining Equipment

These manufacturers had hoped that waiving some of these charges at the ports could have slowed the hikes in recent times.





















About Adwenpa-Hene

I'm Adwenpa-Hene |Blogger & Broadcaster Journalist. I am the CEO and manager of this noble website. I publish on Entertainment, Sports, Politics, Lifestyle, and Technology. You can also follow Us on : YouTube Channel - My Ghana Media TV, Facebook - MyghanaMedia TV , Twitter - @MyGhanamedia2 & Instagram - My Ghana Media TV. Email Address: [email protected] Contact Us: 0200818719

Check Also

It Is Not By Force To Serve Us; Just Go – Bolgatanga Central MP To Ken Ofori-Atta

Spread the love The National Democratic Congress (NDC) Member of Parliament for Bolgatanga Central, Isaac …

Leave a Reply

Your email address will not be published. Required fields are marked *