The Minister for Trade, Agribusiness and Industry, Hon. Elizabeth Ofosu-Adjare, MP, together with the leadership of the Ghana Standards Authority (GSA), has engaged the Chamber of Cement Manufacturers Ghana (COCMAG) to address emerging issues in the cement industry and ensure stability, fairness and compliance across the sector.
At a media briefing held on Monday, 19th January, 2026, the Chief Executive Officer of COCMAG, Bishop Dr. George Dawson-Ahmoah, commended the Trade Minister for her bold leadership and the cordial relationship that has been maintained between government and cement manufacturers over the years.
He described the current collaboration as constructive and essential for maintaining sanity, transparency and mutual understanding within the industry.
Dr. Dawson-Ahmoah noted that while the Chamber supports healthy competition in the cement market, it remains firmly opposed to unfair trade practices. He said discussions with the Ministry have focused on ensuring a level playing field for all manufacturers, strict adherence to existing laws, and full compliance with quality standards.
He further assured the Ministry of COCMAG’s commitment to self-regulation, stressing that member companies continue to take steps to ensure cement produced in Ghana meets required specifications.
The COCMAG CEO reaffirmed the Chamber’s readiness to remain engaged with government through the Ministry in the interest of building a compliant, competitive and sustainable cement industry.
Addressing concerns over cement pricing, Hon. Elizabeth Ofosu-Adjare clarified that there has been no increase in cement prices, contrary to speculation circulating in the public domain.
She explained that government has been working closely with manufacturers under existing regulatory frameworks to promote fairness for both producers and consumers.
According to the Minister, while cement prices were relatively higher towards the end of 2024—with the 42.5 grade selling at approximately GH₵118 and the 32.5 grade at about GH₵113—prices have since declined.
Currently, the 42.5 grade of cement is selling at around GH₵107, while the 32.5 grade is retailing between GH₵80 and GH₵85, reflecting increased competition and improved macroeconomic stability.
The Minister acknowledged that factors such as exchange rate movements, energy costs and electricity tariffs influence production costs but emphasised that manufacturers have assured the Ministry of their commitment to maintaining affordable prices for consumers.
She also announced plans for the Ministry, in collaboration with cement manufacturers, to intensify public education on cement pricing, including ex-factory price declarations, to enhance transparency and public understanding of how prices are determined.
On standards enforcement, Hon. Ofosu-Adjare reaffirmed the critical role of the Ghana Standards Authority, assuring consumers that cement sold on the market will strictly conform to declared specifications, whether labelled 32.5 or 42.5 grade.
The Trade Minister commended COCMAG for its openness, cooperation and willingness to comply with the law, and assured the public that government will continue to engage industry players to safeguard price stability, quality assurance and consumer protection within the cement sector.
