K. T. Hammond, Minister for Trade and Industry, has asked the Cement Manufacturing Development Committee (CMDC) to instruct Ghana’s cement manufacturing companies to immediately reverse the recent rise in cement pricing.
The Minister, recalling his directive to the CMDC at its inception on March 8, 2024, also demanded that all cement makers in the country publish their retail pricing to put an end to the continuing arbitrary hikes in cement prices.
He reaffirmed his request for the CMDC to collaborate with cement businesses to ensure uniform cement prices across the country by implementing a unified cement pricing mechanism similar to the Unified Petroleum Pricing Fund (UPPF) used by Ghana’s National Petroleum Authority for fuel retailing.
The CMDC, formed under the Ghana Standards Authority (Manufacture of Cement) Regulations, 2023 (L| 2480), is chaired by the Ghana Standards Authority’s Director General, Prof Alex Dodoo.
It is made up of representatives from cement manufacturers, the Association of Ghana Industries, the Environmental Protection Agency, the Ghanaian Institution of Engineers, the Ministry of Trade and Industry, and the Ministry of Environment, Science, Technology, and Innovation.
It is the country’s cement manufacturing regulator, with responsibilities including “promoting the manufacture, wholesale, and retail of cement and cement components.”
