Reports are circulating online about a decrease in cement prices effective Sunday, May 18, 2025. However, information from various sources suggests a different reality on the ground.
According to the claims, the price of GHACEM cement has dropped from GH₵120 to GH₵82, attributed to the cedi’s appreciation against the dollar. Nonetheless, many Ghanaians on social media have expressed skepticism, arguing that these price reductions exist only online and not in physical stores.
Currently, GHACEM 42.5 cement is selling for between GH₵120 and GH₵135, while GHACEM 32 is priced around GH₵110, depending on the type and retailer. Dangote cement is reported to sell at GH₵128.
Some individuals have shared receipts to demonstrate that the prices appear unchanged in real life.
However, these receipts were issued before May 18, when the alleged price reductions were set to take effect. As of today, May 19, 2025, several Ghanaians report purchasing cement at the same previous prices, with figures ranging from GH₵110 to GH₵135, varying by type and seller.
In addition to the cement discussions, reports have emerged claiming a reduction in kenkey prices from GH₵5 to GH₵3, as purportedly promised by the current NDC government.
In an interview with a kenkey seller currently charging GH₵5, she was asked why she had not lowered her prices in light of the dollar’s depreciation. Her response, translated from Ga to English, was: “What does kenkey have to do with the dollar? Why do we don’t import materials for kenkey? Get serious, please.”
There are speculations that if the prices of cement are indeed reduced, the changes may not be reflected immediately, as many expect, but rather over a short period of time.
Source: OyerepaFM, Facebook post
https://www.facebook.com/share/v/19hgzaBsXz/