[ad_1] Speaker of Parliament Alban Bagbin has advised Minister of Trade and Industry K.T. Hammond to withdraw the Legislative Instrument (L.I) on cement price regulation. This advice follows constitutional arguments raised by former Minority Leader Haruna Iddrisu. The L.I was laid before the House on July 2 and is expected to mature into law after…
[ad_1] The Chairman of the Cement Manufacturing Development Committee under the Ghana Standards Authority, Prof. Alex Dodoo has stressed the significance of transparency in cement pricing to maintain sanity within the industry. This follows the Legislative Instrument laid in Parliament by the Minister of Trade and Industry, K.T. Hammond, to guide the regulation of cement…
[ad_1] The Minority in Parliament has welcomed the Legislative Instrument (L.I) laid by the Trade and Industry Minister KT Hammond to regulate cement prices. This comes after KT Hammond laid before Parliament the legislative instrument after representatives of cement manufacturers boycotted a stakeholder meeting on Monday, July 1, 2024. Concerns have been raised about the…
[ad_1] Consumer Protection Organisation, Cuts International has criticised attempts by the government to introduce a legislative instrument to regulate the prices of cement. Appiah Kusi Adomako, the Director for Cuts International (West Africa) told the host of The Big Issue on Channel One TV, Selorm Adonoo that attempts to regulate cement prices will deter investors which can…
[ad_1] The Flagbearer of the New Patriotic Party, Dr Mahamudu Bawumia, has asserted that recent government measures have contributed to macroeconomic stability. Dr Bawumia highlighted the notable decrease in inflation and the reduction in prices of goods and services as clear indicators of the government’s dedication to rejuvenating the Ghanaian economy. Addressing attendees at a…
[ad_1] Ghacem Ltd., as part of its corporate social responsibility, the ‘Ghacem Cement Foundation (GCF),’ has handed over 3,000 bags estimated at Gh¢ 250,000 through the Lifeline for Childhood Cancer Ghana to the Oncology Unit of the Korle Bu Teaching Hospital to support the construction of a new ward for children battling with cancer. Additionally,…
[ad_1] The Ghana Revenue Authority (GRA) has demanded that SOL Cement’s managers in Tema settle at least 40 percent of their outstanding liabilities before allowing the company to resume operations. The GRA closed the cement factory two weeks ago due to GH¢700 million in tax defaults, including VAT. The company was cited for VAT infractions,…
[ad_1] Wan Heng Ghana Limited, producers of SOL cement in Tema, say they’re committed to their tax obligations as a responsible company “dedicated to its mission of contributing to the growth and development of Ghana.” The company’s management said this in a statement issued on Monday, October 23, in response to reports that the Ghana…
[ad_1] Government has announced a suspension on the issuance of new permits for the construction of cement factories in the country. A statement released by the Ministry of Trade and Industry, and signed by the Trade Minister, K T Hammond, stated that the ban will take effect from September 13, 2023, and will remain…
[ad_1] Foremost cement manufacturer, Ghacem Ltd has over the years since its establishment embarked on key CSR initiatives to add their quota towards national development. To further deepen the support, the company in 2002 set up a foundation known as the ‘Ghacem Cement Foundation’ (GCF) to assist in the infrastructural development of health and educational…
