Pulse.com.gh logo
Go


Eminent collapse Local cement manufacturers ask for protection 

Chairman of the Association, Rev. Dr. George Dawson Amoah, said the local industry needs to be protected in order for them to be sustained.

  • Published: , Refreshed:
Bags of cement play

Bags of cement

24/7 Live - Subscribe to the Pulse Newsletter!

The Cement Manufacturers Association of Ghana is calling for governmental protection to save the industry from eminent collapse.

According to them, the influx of cheap foreign cements into the market from China and Nigeria is pushing them out of business. The consequences, they say, could lead to the collapse of the local cement industry.

In an interview with Accra based Citi FM, Chairman of the Association, Rev. Dr. George Dawson Amoah, said the local industry needs to be protected in order for them to be sustained.

“How do you encourage a local industry to expand and to invest then you keep a blind eye and encourage what we call imports? If the private sector is the engine of growth, then why don’t we encourage the private sector here in Ghana to utilize its capacity? he quizzed.

“If the Chinese government is actually subsidizing and even giving discounts for them to actually import into their country, then it is also an issue because the problem is that, then what safe measures are putting in place as a country to protect the local industry?”

In November this year, cement loading workers at Aflao in the Volta region demonstrated against the importation of Dangote cement into the country from Nigeria.

The importation, they claim has created unfair competition for the cement manufacturing company there, Diamond Cement.

According to them, Diamond Cement has cut down on production from 5,000 to 3,000 tonnes a day and plans to sack some workers.

Dangote Cement Ghana Limited has however dismissed suggestions that its imports are posing unfair competition against Diamond cement in the Volta Region.

“We don’t think we are competing unfairly. It is fair because we are operating under the ECOWAS Trade Liberalization Scheme (ETLS). Within the ECOWAS region", the Sales and Marketing Manager, Joseph Kwabena Abu, spoke with JOY BUSINESS.

"We pay the right duties based upon the rules of the ETLS and we are not with-holding any tax so I don’t think its unfair. For Diamond Cement as they are fighting, they started bringing their goods from Togo in the year 2000 and nobody raised an alarm.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 New Appointment Nana Addo appoints Mahama as Lands Commission bossbullet
2 Ghana Politics Akufo-Addo fires Lands Commission bossbullet
3 Menzgold Ghana Don't deposit money with Menzgold – BoG cautions...bullet
4 Salaries In 2018 Here are the dates public workers will be paid in...bullet
5 Mobile Money MTN freezes account of Ponzi scheme over GH¢11m defaultbullet
6 Mahama boys prevented me from meeting him – Fibre Optics Inventorbullet
7 Menzgold Ghana Investment company closes down its Gold Vault...bullet
8 Young Entrepreneurs Anas, Sarkodie, Nana Appiah & Yvonne...bullet
9 AirtelTigo 6 things every Airtel and Tigo customer...bullet
10 Shirley Frimpong-Manso and Ken Attoh owe The Royal Bankbullet

Top Videos

1 Forbes 2018 Africa's billionaires rich listbullet
2 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
3 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
4 Plane Crash Starbow suspends operations following plane crashbullet
5 Support Finance minister buys Kantanka carbullet
6 Entrepreneurship Failure- How To Deal With It | StartUpSchoolbullet
7 Entrepreneurship How to be resourceful as an entrepreneurbullet
8 New Phones Nokia MWC 2018 Event in 5 minutesbullet
9 Tech 6 reasons you should buy an iPhone SE instead of...bullet
10 Money Alert Meet Africa's richest womanbullet

Business