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News Legislative instrument to control cement prices approved by Parliament

Legislative instrument to control cement prices approved by Parliament

Written by Global Cement 06 September 2024
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Ghana: Minister of Trade and Industry, Kobina Hammond, has assured Ghanaians that cement prices will remain fair and stable following a new regulatory law, according to the Pulse Ghana newspaper. The legislation is designed to oversee the industry and ensure a balanced market without imposing price caps. Hammond stated that the new law will protect consumers from unjustified price rises while also allowing cement producers to operate profitably.

He said "I am clear beyond argument that there is a certain amount of unfairness in the pricing of cement in the country and I am prepared to make sure that there is some sort of sanity. The document [Legislative Instrument] as we speak is in force.”

Last modified on 11 September 2024
Published in Global Cement News
Tagged under
  • Ghana
  • Price
  • price cap
  • legislation
  • Law
  • GCW676
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