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News Senegal introduces new cement tax

Senegal introduces new cement tax

Written by Global Cement staff 10 January 2017
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Senegal: The government of Senegal has introduced a tax of US$4.84/t of cement with effect from 2 January 2017. The tariff will apply to cement from the country’s three cement plants run by Ciments du Sahel, Sococim and Dangote, according to the Quotidien newspaper. Vendors are expected to pass the cost onto consumers with higher prices.

Cement production rose by 10% year-on-year to 5.15Mt in the first 10 months of 2016 from 4.68Mt in the same period in 2015 at the Ciments du Sahel and Sococim plants, according to data from the Directorate of Forecasting and Economic Studies (DPEE), reported upon by the African Press Agency. The increase has been attributed to a 25% surge in exports, although local sales have also risen slightly.

Last modified on 11 January 2017
Published in Global Cement News
Tagged under
  • Senegal
  • Tax
  • Dangote Cement
  • Ciments du Sahel
  • Sococim
  • Directorate of Forecasting and Economic Studies
  • Production
  • Export
  • GCW284

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