Audio By Carbonatix
The country’s largest producer of cement, GHACEM, has reduced cement prices by about 2 cedis at the factory point.
The ex-factory price of GHC30.55 would from today, Tuesday October 07, 2014 be sold for GHC27.965 inclusive 17.5% VAT/NHIL. This would translate into lower retail market prices of varying levels depending on your location as a consumer.
This means that a bag of GHACEM cement which is currently selling around 35 cedis in the capital will now be selling between GHC31.2 and GHC31.6 as the retail price recommended by the company.
Unlike the ex-factory prices, the retail prices would however take effect from tomorrow, October 08.
In a statement signed by the Commercial Director, Nana Philip Archer, the company attributes the reduction mainly to the recent appreciation in the value of the Ghana cedi against the major international currencies.
Below are the company’s recommended end-user prices for certain key markets.
|
Town I City
|
Minimum
(Gh₵ per 50 Kg bag) |
Maximum (Gh₵ per 50 Kg bag) |
|
Accra |
31.2
|
31.6 |
|
Tema |
31.0
|
31.4 |
|
Kasoa |
31.3 |
31.7
|
|
Winneba |
31.6
|
32.0 |
|
Cape Coast
|
31.6 |
32.0 |
|
Takoradi |
30.9 |
31.3
|
|
Tarkwa |
31.7 |
32.0
|
|
Kumasi |
32.8
|
33.2 |
|
Koforidua |
31 .7
|
32.0
|
|
Tamale
|
34.8 |
35.0 |
|
Bolga |
35.0 |
35.3 |
|
Wa |
35.5 |
35.8
|
|
Sunyani / Techiman
|
33.5 |
33.8 |
Latest Stories
-
Accra turns white as Dîner en Blanc delivers night of elegance and culture
2 hours -
War-torn Myanmar voting in widely criticised ‘sham’ election
3 hours -
Justice by guesswork is dangerous – Constitution Review Chair calls for data-driven court reforms
3 hours -
Justice delayed is justice denied, the system is failing litigants – Constitution Review Chair
4 hours -
Reform without data is a gamble – Constitution Review Chair warns against rushing Supreme Court changes
4 hours -
Rich and voiceless: How Putin has kept Russia’s billionaires on side in the war against Ukraine
5 hours -
Cruise ship hits reef on first trip since leaving passenger on island
5 hours -
UK restricts DR Congo visas over migrant return policy
5 hours -
Attack on Kyiv shows ‘Russia doesn’t want peace’, Zelensky says
5 hours -
Two dead in 50-vehicle pile up on Japan highway
5 hours -
Fearing deportation, Hondurans in the US send more cash home than ever before
6 hours -
New York blanketed in snow, sparking travel chaos
6 hours -
Creative Canvas 2025: Documenting Ghana’s creative year beyond the noise
9 hours -
We would have lost that game last season – Guardiola
9 hours -
Nigeria reach AFCON last 16 despite Tunisia fightback
10 hours