Els: MBN360 Business
President John Mahama says cement prices in Ghana have dropped by about 20 percent due to improved macroeconomic stability and engagement between government and industry players.
Read also:
- Ghana to Lose $1.2B in Replacing ‘Cheaply’ Sold-Out 19tons Gold Reserve.
- Government Can Recruit Only 5,000 from 500,000 Applicants
- I have never taken even GH₵1 from Shaxi – Shatta Wale calls for gov’t support
- André Ayew: Should he make Ghana’s 2026 World Cup squad?
- Shatta Wale reveals ambition to contest Ablekuma South seat
Speaking at the commissioning of the world’s largest Calcined Clay plant at the Free Zones Enclave in Tema, President Mahama said the cement industry has received significant policy attention over the past year because of its vital role in construction, housing, and infrastructure development.
He explained that by the end of 2024, cement prices had increased sharply, reaching approximately GH¢120 per bag for 42.5 grade cement and GH¢113 per bag for 32.5 grade cement, putting pressure on builders, contractors, and the housing sector.
