Four persons were killed and three others injured when a car rammed into a cement-laden truck on the Abeokuta – Sagamu expressway. The spokesperson of the Ogun State Traffic Compliance and Enforcement Corps (TRACE), Babatunde Akinbiyi, made this known through a press statement he issued in Abeokuta, Ogun state capital on …
Read More »Cement prices increase again?
The price of cement has reportedly shot up again, to sell at GH¢95 from GH¢80 about two weeks ago. According to Ghanaian broadcaster Bridget Otoo, the price change has become unbearable as she lamented the effect on the survival of businesses in the country. Bridget Otoo in a Twitter post noted that …
Read More »Cement price now above GH¢80
The price of a 50kg bag of cement is now above GH¢80.00, as the input costs of the manufacturers rise due to the depreciation of the Ghana cedi. Some retailers of GHACEM, Diamond and Dangote cement vary the price of a bag of the product from GH¢77.00 to GH¢85.00 but …
Read More »Dangote loses $2 billion in three months as Dangote Cement shares fall – Report
After gaining $1.9 billion in the first five months of 2022, Africa’s richest man Aliko Dangote has seen his net worth fall by $2 billion in the past three months due to a protracted slide in the share price of his flagship company, Dangote Cement Plc. Dangote, who derives the …
Read More »Cement price shoots up to ¢73
The price for a 50kg bag of cement has been increased by manufacturers effective August 30. Checks by JOYBUSINESS showed all the major manufacturers have increased their prices on the market. One of the major cement manufacturers, GHACEM, has also increased its prices. GHACEM’s Price List GHACEM’s new price list …
Read More »PHOTOS: Cement blocks used as chairs by Pechie Basic School pupils
Pupils of Pechie Basic School in the Krachi West Municipality of the Oti Region are forced to sit on cement blocks and on the bare floor to study due to lack of proper infrastructure. The situation, according to community members, is negatively impacting the quality of their children’s education. A …
Read More »A bag of cement to sell at GH¢66 from June 15 – Manufacturers
Cement manufacturers have noted that the price of a bag of cement is likely to experience an increase from today June 15, 2022, to sell at GH¢66. The manufacturers cited the cedi’s depreciation increase in petroleum prices, as well as the increase in transport fares as some of the factors …
Read More »Aliko Dangote loses US$500 million as cement firm shares fall
African billionaire businessman Aliko Dangote has seen his net worth fall by more than $500 million in the past 27 days, as shares of his flagship company, Dangote Cement Plc, dropped by a single-digit percent on the Nigerian Exchange. Dangote, the continent’s wealthiest man who has retained his position for …
Read More »Cement block was used to hit late Maj. Mahama’s head – Witness
The investigator in the case involving the 14 alleged murderers of the late Major Maxwell Adams Mahama, says Kofi Nyame, an accused in the case hit the deceased with a 5-inch cement block on the head. Chief Inspector Samuel Agyarkwa, who is also the 14th prosecution witness, told the court …
Read More »Yammin ‘audits’ Koku Anyidoho over Wontumi’s 100 cement bags for Asomdwe park
The former Deputy Ashanti Regional Minister under the erstwhile John Dramani Mahama administration Joseph Yammin has charged the former Deputy General Secretary of the NDC Koku Anyidoho to account for the 100 bags of cement he received from Chairman Wontumi, Ashanti Regional Chairman of NPP to maintain the Asomdwe park …
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