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News Ethiopian state signs deal to regulate price of cement

Ethiopian state signs deal to regulate price of cement

Written by Global Cement staff 08 June 2022
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Ethiopia: Oromia State has signed a memorandum of understanding with the Ministry of Mining and 20 cement companies to regulate the price of cement. State Deputy President Awolu Abdi said that the price of cement products had been ‘skyrocketing’ due to international and internal factors, according to Walta Media. He partly blamed the problem on ‘illegal’ cement brokers and the inability of cement plants to produce output at their full capacity. The state government has been working with cement producers and approved distributors on the problem. The regional move follows action by the central government to cut out dealers and distributors from the market in mid-May 2022.

Published in Global Cement News
Tagged under
  • Ethiopia
  • Government
  • Price
  • Distribution
  • GCW560
  • Ministry of Mining
  • Capacity utilisation

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