• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Trade Minister wants cement manufacturers to publish retail prices

2 years ago
in Business, Features, highlights, Home, home-news, latest News, Manufacturing
1 min read
0 0
0
115
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Trade Minister wants cement manufacturers to publish retail prices

In response to growing concerns over the rising cost of cement, Minister of Trade and Industry, Kobina Tahir Hammond, has taken decisive steps to enhance transparency and quality control within the industry.

Following a meeting with the Chamber of Cement Manufacturers, Ghana (COCMAG), the Ministry announced a series of measures aimed at addressing issues related to pricing and product standards.

The Minister has called upon individual companies involved in cement production to publish the recommended distribution and retail prices for various grades of products within their respective distribution zones.

This move is part of an effort to foster transparency and empower consumers with information about pricing structures. Additionally, the Ministry expects companies to rigorously enforce quality standards and weights of cement products in the market.

This initiative aims to eliminate the production and distribution of substandard cement products, ensuring that consumers receive products of the highest quality. The discussions between the Ministry and COCMAG also led to a collaborative effort to explore the possibility of introducing a uniform cement pricing formula.

This formula seeks to achieve consistency and uniformity in retail pricing across the country, taking into account key cost variables.

RelatedPosts

EIA Rattles Oil Markets With Reports of Crude Oil, Product Builds

Dams for Development? Unpacking Tensions in the World Bank’s Hydropower Policies

Chart of the Week: Dollar’s Share of Reserves Held Steady in Second Quarter When Adjusted for FX Moves

Expressing concern about the economic impact of the escalating retail cost of cement, Minister Hammond questioned the justification for a bag of cement selling at GHS95.00 in certain regions, including around the Accra/Tema Municipalities.

Emphasizing the need for industry players to be mindful of the widespread effects of price escalation, he urged them to closely monitor and exercise control over the recommended ex-factory price margins of distributors and retailers nationwide.

The Ministry assured the public that these measures, including any additional necessary actions, will be implemented in collaboration with COCMAG. The objective is to ensure that price adjustments are justifiable and kept within reasonable limits, underscoring the commitment to fair practices and consumer protection within the cement industry.

Tags: cement manufacturerstrade ministerTrade Minister wants cement manufacturers to publish retail prices
No Result
View All Result

Highlights

Sinner Dominates Tien to Secure China Open Title

President Mahama Vows Tougher Action on Cybercrime, Promises Collaboration with Global Partners

Government to Establish Cyber Security Fund to Bolster Digital Defences

Headline Inflation Hits Single-Digit With 9.4% Rate in September 2025

Bank of Ghana Prices 1oz Gold Coin at GHS 49,131.99

Ghana Hosts IGAD Delegation on Land Governance Exchange

Trending

Business

EIA Rattles Oil Markets With Reports of Crude Oil, Product Builds

October 1, 2025

EIA Rattles Oil Markets With Reports of Crude Oil, Product Builds Crude oil inventories in the United...

Dams for Development? Unpacking Tensions in the World Bank’s Hydropower Policies

October 1, 2025

Chart of the Week: Dollar’s Share of Reserves Held Steady in Second Quarter When Adjusted for FX Moves

October 1, 2025

Sinner Dominates Tien to Secure China Open Title

October 1, 2025

President Mahama Vows Tougher Action on Cybercrime, Promises Collaboration with Global Partners

October 1, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.