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Tag Archives: CEMENT

Policeman and accomplice arrested for stealing cement

A policeman who conspired with a tricycle operator to break into an uncompleted house belonging to another officer has been arrested by the Nyinahin Police. Corporal Lansah Umar stationed at Asaam District in the Ashanti North Region but currently on leave, is reported to have engaged the services of 25-year-old …

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Faulty Benz bus carrying cements runs into pedestrians at Abrepo-Junctio, one killed; many injured

One person is reported dead, with another in critical condition following a lethal accident at Abrepo-Akoko Spares in the Kumasi Metropolis of the Ashanti Region.   The deceased, a trader in her early 30s reportedly died upon arrival at the hospital after a Benz bus carrying cement clashed her while …

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Bridget Otoo goes after Nana Addo as price of cement hits GH¢95

Broadcaster Bridget Otoo has brought to the attention of President Nana Addo Dankwa Akufo-Addo the exorbitant price of a bag of cement selling at GH¢95.00 in the first week of November. According to Bridget who buys and sells cement, there has been an increase in price up to GH¢30.00 in the last …

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Cement prices increase again?

The price of cement has reportedly shot up again, to sell at GH¢95 from GH¢80 about two weeks ago. According to Ghanaian broadcaster Bridget Otoo, the price change has become unbearable as she lamented the effect on the survival of businesses in the country. Bridget Otoo in a Twitter post noted that …

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PHOTOS: Cement blocks used as chairs by Pechie Basic School pupils

Pupils of Pechie Basic School in the Krachi West Municipality of the Oti Region are forced to sit on cement blocks and on the bare floor to study due to lack of proper infrastructure. The situation, according to community members, is negatively impacting the quality of their children’s education. A …

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Cement prices hit GH₵66 per bag

The price of a cement bag is expected to increase by more than ¢5 from today to ¢66, manufacturers of the product have told Joy Business. According to industry sources, Accra consumers will be the most affected as some manufacturers want to offset transportation costs to other regions. One of …

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Aliko Dangote sees net worth rise US$571m in one day after 6.53% surge in Dangote Cement

  Africa’s wealthiest businessman Aliko Dangote recorded a N234.38-billion ($571.06 million) boost to his net worth at the end of trading on Sept. 29 on the Nigerian Exchange, as shares in his flagship company Dangote Cement Plc surged by 6.53 percent. The half-billion-dollar gain can be attributed to sustained investor …

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Accra: Court halts construction of ‘1D1F’ cement factory

Tour of cement factory TheAccra High Court has halted the construction of a cement factory, which is under the one-district-one factory initiative, at McCharty Hill in Accra following a legal action by residents of the area.  In a ruling Tuesday, [September 7, 2021], the court, presided over by Justice Joseph …

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Cement to hit GH¢60 a bag if taxes, levies are not reviewed

The price for a bag of cement is likely to continue its ascendency and hit GH¢60 by end of the year if urgent steps are not taken to review, suspend or scrap some taxes and levies which affect the production cost build-up, cement manufacturers have said. The manufacturers say they are in …

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VIDEO: Kumasi to get new cement factory with US$100 million investment

  Ghacem, the nation’s leading cement manufacturer, will in the coming weeks, cut sod for the construction of a 1.5-million-ton capacity cement production plant in Kumasi to serve the Ashanti Region and its surrounding areas. Speaking in an interview with the media, Managing Director of GHACEM, Stefano Gallini, said the …

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