The Minister for Trade, Agribusiness and Industry, Hon. Elizabeth Ofosu-Adjare, MP, has held discussions with the leadership of the Ghana Standards Authority (GSA) and the Chamber of Cement Manufacturers Ghana (COCMAG) to address emerging issues in the cement industry. The engagement, held on Monday, 19th January 2026, focused on ensuring stability, fairness, and compliance across the sector.
At a media briefing following the meeting, the Chief Executive Officer of COCMAG, Bishop Dr. George Dawson-Ahmoah, commended the Minister for her bold leadership and the cordial relationship that has long existed between government and cement manufacturers. He described the collaboration as constructive and vital for maintaining sanity and mutual understanding within the industry.
Dr. Dawson-Ahmoah stressed that while the Chamber supports healthy competition in the market, it remains firmly opposed to unfair trade practices. He noted that discussions with the Ministry have centred on creating a level playing field for all manufacturers, adherence to existing laws, and strict compliance with quality standards. He further assured the Ministry of the Chamber’s commitment to self-regulation, adding that producers continue to take steps to ensure cement manufactured in Ghana meets required specifications.
Addressing public concerns over cement pricing, Hon. Ofosu-Adjare clarified that there has been no recent increase in prices, contrary to speculation. She explained that government has been working closely with manufacturers under existing regulations to promote fairness for both producers and consumers.
The Minister highlighted that while prices were relatively higher towards the end of 2024—when the 42.5 grade sold at about GH₵118 and the 32.5 grade at GH₵113—current prices have declined. Presently, the 42.5 grade sells at around GH₵107, while the 32.5 grade retails between GH₵80 and GH₵85, reflecting increased competition and improved macroeconomic stability.
She acknowledged that production costs are influenced by factors such as exchange rates, energy costs, and electricity tariffs, but emphasised that manufacturers have assured the Ministry of their commitment to maintaining affordable prices for consumers.
Hon. Ofosu-Adjare also announced plans to intensify public education on cement pricing and ex-factory price declarations to enhance transparency and public understanding of how prices are determined. On standards, she reaffirmed the role of the Ghana Standards Authority in ensuring that cement sold on the market meets declared specifications, assuring consumers that products labelled as 32.5 or 42.5 grades will strictly conform to those standards.
The Minister commended COCMAG for its openness, cooperation, and willingness to comply with the law. She assured the public that government will continue to engage industry players to safeguard price stability, quality assurance, and consumer protection within the cement sector.
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