\n
Despite a ministerial directive to the Cement Manufacturing Development Committee in Ghana, cement prices continue to rise, wreaking havoc in the real estate industry and pushing rent prices in Accra to new heights.<\/p>\n
Prices checked show a significant jump from last week to this week, leaving many buyers bewildered.<\/p>\n
In May 2024, cement ranged from GH\u00a285 to GH\u00a290 depending on the brand and ratio. As of June 4, 2024, prices soared to around GH\u00a2110, according to dealers who spoke to GBC Ghana Online at Pokuase.<\/p>\n
One dealer revealed current prices: Dzata cement (42R) is now GH\u00a2108, Cimaf (42R) is GH\u00a2107, Cimaf (32R) is GH\u00a287, and Ghacem (42R) leads the market at GH\u00a2110.<\/p>\n
Other sources report Diamond cement at GH\u00a275 and GH\u00a285, while Dangote ranges between GH\u00a292 and GH\u00a294.<\/p>\n
Minister of Trade and Industry, Kobina Tahir Hammond, recently called for an immediate reversal of these price hikes to alleviate pressure on Ghanaians.<\/p>\n
However, this directive appears to have been ignored, possibly due to overlooked root causes of the increases.<\/p>\n
In a May 15 statement, the Ministry urged the Cement Manufacturing Development Committee (CMDC) to enforce the price reversal without fail and ensure uniform cement prices nationwide.<\/p>\n
The CMDC, established under the Ghana Standards Authority (Manufacture of Cement) Regulations, 2023 (LI 2480), is responsible for regulating cement manufacture and promoting its wholesale and retail.<\/p>\n
The Committee\u2019s membership includes representatives from cement manufacturers, the Association of Ghana Industries (AGI), the Environmental Protection Agency, the Ghana Institution of Engineers, the Ministry of Trade and Industry (MoTI), and the Ministry of Environment, Science, Technology and Innovation.<\/p>\n
Source<\/strong>:\u00a0Myjoyonline.com<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Despite a ministerial directive to the Cement Manufacturing Development Committee in Ghana, cement prices continue to rise, wreaking havoc in the real estate industry and pushing rent prices in Accra to new heights. Prices checked show a significant jump from last week to this week, leaving many buyers bewildered. In May 2024, cement ranged from […]<\/p>\n","protected":false},"author":1,"featured_media":177888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-187501","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\n
Cement prices surge to GH\u00a2108, defying Trade Minister\u2019s directive \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh\u00a2108-defying-trade-ministers-directive\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cement prices surge to GH\u00a2108, defying Trade Minister\u2019s directive \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Despite a ministerial directive to the Cement Manufacturing Development Committee in Ghana, cement prices continue to rise, wreaking havoc in the real estate industry and pushing rent prices in Accra to new heights. Prices checked show a significant jump from last week to this week, leaving many buyers bewildered. In May 2024, cement ranged from […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh\u00a2108-defying-trade-ministers-directive\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-06T12:01:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/05\/cement.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"825\" \/>\n\t<meta property=\"og:image:height\" content=\"412\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/06\\\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/06\\\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"Cement prices surge to GH\u00a2108, defying Trade Minister\u2019s directive \u2013\",\"datePublished\":\"2024-06-06T12:01:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/06\\\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\\\/\"},\"wordCount\":269,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/06\\\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/cement.jpeg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/06\\\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/06\\\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/06\\\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\\\/\",\"name\":\"Cement prices surge to GH\u00a2108, defying Trade Minister\u2019s directive \u2013 - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/06\\\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/06\\\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/cement.jpeg\",\"datePublished\":\"2024-06-06T12:01:19+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/06\\\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/06\\\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/06\\\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/cement.jpeg\",\"contentUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/cement.jpeg\",\"width\":825,\"height\":412},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/06\\\/06\\\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cement prices surge to GH\u00a2108, defying Trade Minister\u2019s directive \u2013\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\"],\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/author\\\/ghanamma\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cement prices surge to GH\u00a2108, defying Trade Minister\u2019s directive \u2013 - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh\u00a2108-defying-trade-ministers-directive\/","og_locale":"en_US","og_type":"article","og_title":"Cement prices surge to GH\u00a2108, defying Trade Minister\u2019s directive \u2013 - Ghanamma.com","og_description":"Despite a ministerial directive to the Cement Manufacturing Development Committee in Ghana, cement prices continue to rise, wreaking havoc in the real estate industry and pushing rent prices in Accra to new heights. Prices checked show a significant jump from last week to this week, leaving many buyers bewildered. In May 2024, cement ranged from […]","og_url":"https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh\u00a2108-defying-trade-ministers-directive\/","og_site_name":"Ghanamma.com","article_published_time":"2024-06-06T12:01:19+00:00","og_image":[{"width":825,"height":412,"url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/05\/cement.jpeg","type":"image\/jpeg"}],"author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"headline":"Cement prices surge to GH\u00a2108, defying Trade Minister\u2019s directive \u2013","datePublished":"2024-06-06T12:01:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\/"},"wordCount":269,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/05\/cement.jpeg","articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\/","url":"https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\/","name":"Cement prices surge to GH\u00a2108, defying Trade Minister\u2019s directive \u2013 - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/05\/cement.jpeg","datePublished":"2024-06-06T12:01:19+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/05\/cement.jpeg","contentUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/05\/cement.jpeg","width":825,"height":412},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2024\/06\/06\/cement-prices-surge-to-gh%c2%a2108-defying-trade-ministers-directive\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2024\/"},{"@type":"ListItem","position":2,"name":"Cement prices surge to GH\u00a2108, defying Trade Minister\u2019s directive \u2013"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2024\/#website","url":"https:\/\/www.ghanamma.com\/2024\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2024\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2024"],"url":"https:\/\/www.ghanamma.com\/2024\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/187501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/comments?post=187501"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/187501\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media\/177888"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media?parent=187501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/categories?post=187501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/tags?post=187501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}