Dangote reduces Ghana prices on cedi appreciation

Bya897204973

Updated Fri, 24 Oct 2014 13:25:39 GMT

Dangote, has reduced prices of its cement by GHS2.70 following the gradual appreciation of the Cedi against the dollar and other major international trading currencies.

Joeseph Kobina Abu, sales and marketing manager of Dangote Cement Ghana Ltd said the company has  reduced "the price from GHS30.75 to GHS28.05 “. The reduction took effect on 9 October 2014.

GHACEM had also reduced its ex-factory price from GHS30.55 to GHS27.965/50kg bag, effective Tuesday, 7 October.