Dzata Cement denies claims of selling product at ¢30 per bag
Management of Dzata Cement has denied claims of pricing a bag of the product at ¢30 as being circulated on social media. In a statement sighted by Joy Business, Dzata Cement …
Management of Dzata Cement has denied claims of pricing a bag of the product at ¢30 as being circulated on social media. In a statement sighted by Joy Business, Dzata Cement …
According to cement manufacturers, the price of a bag of cement is likely to rise further and reach GH60 by the end of the year if urgent steps are not taken to review, suspend, or eliminate some taxes and levies that affect the build-up of production costs.
A market survey conducted by GNA early this month showed that the price of a bag of cement, which was sold for 38 Ghana cedis last year, surged to about 45 Ghana cedis in March 2021. Mr Sampson Koomson, a private building contractor, said since Ghana's economy continued to expand, cement was very key to infrastructural development.
Cement. Cement is the most commonly used building material in Ghana, and as construction and real estate activity have increased, so has demand in cement. The price of cement has steadily gone up over the past five years, and in 2015 a 50-kg bag of cement cost $8.46.
A market survey conducted by GNA early this month showed that the price of a bag of cement, which was sold for 38 Ghana cedis last year, surged to about 45 Ghana cedis in March 2021. Mr Sampson Koomson, a private building contractor, said since Ghana's economy continued to expand, cement was very key to infrastructural development.
White Cement (50kg) GH₵ 145. High quality white cement for sale. We have a good quantity in stock to serve your construction needs. The product is bagged in 50kg. Give us a call. Greater Accra, Tesano, Oct 20 – Building Materials - Cement. 2.
March 21, 2019 1:06 PM. Cement production. Cement prices have increased in Ghana. This is the second increment in two months. According to …
GHACEM Limited has increased the ex-factory price of a bag of cement from 59. 225 to 62,100, citing increase in production cost.
Some experts in the construction industry have argued that the gradual diminishing of bricks in Ghana is due to the fact that many people believe that, "It is more costly and less convenient to build with bricks than cement blocks.". The price of a single block in Ghana now costs between Gh¢2.00 and Gh¢2.50p (73 – 91UScents), while the ...
Ghana has a calendar year system for their annual fiscal plans. Some of the notable industrial sectors of Ghana include mining, aluminum smelting, food processing, cement, small commercial ship building and petroleum. The main sources of foreign exchange of the nation consist of gold, cocoa production and the remittances of overseas citizens.
cement. Cement is in short supply in the Tamale Metropolis leaving those engaged in construction works with no choice but to rush for the limited supply at a higher cost …
By Peter Egwuatu. The management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories and plants across Nigeria (as …
Economy GNI per capita US$450 Currency cedi (GHC) Per capita cement consumption 123kg Ghana Ghana's cement consumption has increased steadily over recent years on the back of good construction growth and is set to continue. T he Ghanaian GDP grew by 5.9 per cent in 2005, up from 5.3 per cent in 2004. A growth rate of six
Below you will find our price list and a list on recommended prices in various markets in Ghana. Price list Below is the price list of cement at factory levels Effective: 28th July, 2021: (GHC)PRODUCTSTemaTakoradiPrice per 50Kg bag (Ghacem Super Rapid 32.5R) 45.21844.918Price per 50Kg bag (Ghacem Super Strong 42.5R)47.08046.782Price per 50Kg bag (Ghacem Extra …
The price then shot up to GH¢18.00 or $7.63 in 2013. Today, a bag of cement is sold at GH¢19.00 ($8.10) or even at higher price, depending on the shop from where it is being bought. Unfortunately, with the recent increase in petroleum products, the price of cement is equally likely to climb to GH¢25.00 ($10.63) by the end of January.
In Wa in Upper West, a bag of cement costs ¢79,800; in Bolgatanga in Upper East, a bag is ¢77,800; and in Tamale in the Northern Region, a bag costs …
"The cost of a bag of cement was GH₵27 when we were in power, but today it's almost more than GH₵50 per bag. Do you think it's Mahama who would go and tell people about the cost of living? But my opponents are accusing me of peddling falsehoods with the economy".
Nonetheless, "The improving performance of the economy has fueled strong growth in cement demand and the prospects remain favorable, given the linear relationship between economic growth and cement consumption," Dangote indicates. In 2011, the cost of a 50kg bag of cement in Tanzania was USD9, while in 2015, the price fell to USD7.
"While a bag of Cement sells for an equivalent of $5.1, including VAT in Nigeria, it sells for $7.2 in Ghana and $5.95 in Zambia ex-factory, inclusive of all taxes," Edwin explained.
Dangote Market share 60% cement market share. Lafarge Africa 20% cement market share. BUA Cement 17% cement market share. The prices of cement in Nigeria depends on the particular manufacturer to some extent. Below is an indication of the current prices of key cement brands available in the market today.
Cement is the most commonly used building material in Ghana. Many commodities, goods, and services including petroleum products, have seen price hikes over the years with cement not being an exception. The price of cement within the last three years has been increased by almost 120%, causing controversies. In 2011, a bag of cement was
CITY & BUSINESS GUIDE can confirm that prices of cement and other building materials have been increased astronomically. A visit by this paper to some shops in Accra recently revealed that a bag ...
Solartaxi Ghana is a local start-up helping women contribute to finding greener solutions. ... rising cost of cement is affecting the construction industry. The price of a 50 kilogram bag of ...
Bags. Our bagged cement is currently available in two grades – 32.5R and 42.5R. Our products are manufactured in strict accordance with GS 1118 and EN 197 quality standards. 32.5R Grade. Offers by far the fastest one-day, two-day, and seven-day strengths of any 32.5 grade cement available on the Ghanaian market. It is most suited to:
Similarly, the price of a bag of Dangote Cement has also climbed from ¢38 to ¢46. Meanwhile, a bag of Sol Cement, which was being sold at 31 Ghana cedis per bag…
According to a professional building constructor, Mr. Edward Akabutu of ASLOM Construction Company, a total number of 150 bags of cement would be needed for the construction of a standard single room, prefiguring the total amount for the purchase of the cement alone to GH¢3,000.00 ($1,500.00). This is no small money for an average working ...
Cement and/or clinker (cement primary input) is a com- modity being produced in over 150 countries of the world [1]. It is an essential input into the production of concrete needed for building purposes and other con- struction related activities. According to Madlool . et al. [2], world demand for cement was predicted to increase
The management said it will increase cement prices in the coming months as the cost of production increases in tandem with rising fuel prices. It has already increased cement prices by ₹10-15 in the first week of October. UltraTech said this increase has …
India's cement industry is a vital part of its economy, providing employment to more than a million people, directly or indirectly. It is the second largest cement industry in the world. The industry is currently in a turnaround phase, trying to achieve global standards in …
Cement producers in Ghana were able to increase product pricing by almost 10% in 2015 from figures the year before, to a total cost of $7.30 for a 50kg bag. Depreciating local currency was the main cause of the increase, however, which kept revenue levels relatively static.