GHACEM Raises Price of Cement Products
GHACEM has announced an increase in the price of its cement products.
According to a statement signed by Nana Phillip Archer, Commercial Director for GHACEM, the upward adjustment is due to the depreciation of the Cedi against major trading currencies, among other things.
“Management wishes to inform customers that our cost of production has increased significantly due to the depreciation of the Ghana cedi against the major international currencies, increased utility tariffs, and fuel and port duties among others.”
“In view of this, we are reluctantly compelled to adjust upwards our prices of bagged cement products with effect from Wednesday 11th December 2019.” Mr. Archer announced.
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