Cement News tagged under: Ghana Cement Company

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Concerns over Ghana’s cement duopoly

22 June 2012, Published under Cement News

The World Bank has expressed its concern over the dominance of Ghana Cement Company (Ghacem) and Diamond Cement Company in the sale of cement in the country, local press report. The bank is worried that the two companies control more than 80 per cent of the market and suppress competition in the sector with negative consequences on the prices and supply of cement to the building and construction industry. It has therefore called for urgent steps that would liberalise the market “to eng...