Ghana: Control of cement price in Ghana: the bare facts

 A battle over ce­ment pricing in Ghana reached a new stage this week when the Chamber of Ce­ment Manufacturers (COCMAG) hit back at proposed government regulation.

Frédéric Albrecht, the chair of the association, told a meeting that about 80 per cent of local production costs linked to ce­ment manufacture are related to the local currency exchange rate. So fixing the price would do little to address the main cause behind rises.

Albrecht was speaking at a…