Ghana evaluating cement trade-war

Byjirong

Updated Fri, 29 Jan 2016 17:45:15 GMT

Dr Ekwow Spio-Garbrah, the Ghanaian Minister of Trade and Industries has announced that his Ministry is undertaking a thorough evaluation of various interests in the current trade-war between local cement manufacturers and importers.

In his announcement he stated that the evalaution should enable the Ministry to pronounce appropriately on the issue.

Local cement makers are claiming cement imports from Nigeria and China are flooding the market, and therefore making their businesses uncompetitive.

Dr Spio-Garbrah commented that his ministry expects revenues that make up the shop price of imported cement as provided by the exporters to be transparent.

He also said that competition should make cement prices a little cheaper than it is currently.