KT Hammond justifies sacking cement manufacturers from meeting with Construction Chamber

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ISAAC AGGYEMANG 1 year ago

We need this kind of leadership.A leader who stand whoever misbehave

We need this kind of leadership.A leader who stand whoever misbehave
Mr bones 1 year ago

Yes , Isaac , this kind of leadership count on gullible people like you to keep voting for them! The factory also is making cement to sell to make a profit just like a tomato seller , you have increased ecg , given them so ma ...
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Yes , Isaac , this kind of leadership count on gullible people like you to keep voting for them! The factory also is making cement to sell to make a profit just like a tomato seller , you have increased ecg , given them so many taxes , increase fuel again and again making transfer of raw materials to the factory expensive ,yet you don't want them to increase prices . Do you understand ?
Garvey 1 year ago

Everybody knows KT is an unserious old man who behaves like a child. I'm surprised he was given a ministerial role. The man doesn't even deserve a DCE. Everything he touches has problem. Sometimes l find it difficult to belie ...
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Everybody knows KT is an unserious old man who behaves like a child. I'm surprised he was given a ministerial role. The man doesn't even deserve a DCE. Everything he touches has problem. Sometimes l find it difficult to believe he read law
Mr bones 1 year ago

I bought 800gh Worth of products from melcom, the taxes alone is 140gh ! After all the taxes there is nothing to show for them. Old men ruling Ghana and take menopause decisions!

I bought 800gh Worth of products from melcom, the taxes alone is 140gh ! After all the taxes there is nothing to show for them. Old men ruling Ghana and take menopause decisions!
Chris 1 year ago

Let's keep our egos. We have very good results from the banking sector clean up. Let's clean up the industrial sector, starting with cement. We are always right. Let's run public office with our personal traits. God bless us.

Let's keep our egos. We have very good results from the banking sector clean up. Let's clean up the industrial sector, starting with cement. We are always right. Let's run public office with our personal traits. God bless us.
Bestbuy Ent 1 year ago

Buy your catfish fingerlings from us to start your business. And also get after service support to help you succeed .0557430128~~~**~*~

Buy your catfish fingerlings from us to start your business. And also get after service support to help you succeed .0557430128~~~**~*~
politicians are too powerful in Ghana 1 year ago

the associations and advocacy groups are so weak in Ghana. in america lobbyists and special interest are powerful and if insulted will make sure y their political career is over. the politicians in Ghana are allowed to ente ...
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the associations and advocacy groups are so weak in Ghana. in america lobbyists and special interest are powerful and if insulted will make sure y their political career is over. the politicians in Ghana are allowed to enter business, steal money and do all kind of things to where they dont need the money or support from such groups.
Let's be analytical 1 year ago

There betrayal of trust on the part of cement manufacturers. There was no impasse and you cant blame the Minister. There was 100% cooperation when they lobboed for and happily worked with him to tighten standards and halt app ...
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There betrayal of trust on the part of cement manufacturers. There was no impasse and you cant blame the Minister. There was 100% cooperation when they lobboed for and happily worked with him to tighten standards and halt applications for new manufacturing licences for interested investors, in effect blocking new competitors. Apparently he proposed and they willingly accepted a deal (signed communique) with the Ministry to publish their ex-factory prices offered to major distributors to enable customers detect over pricing by retailers on the basis of easily available information on exfactory prices. And to discuss pricing mechanisms details in a Committee, in which they are represented. This was to be part of inputs into the development of a Uniform Pricing Mechanism that result in balancing the prices across the country, just is in the petroleum sector.
Let's focus on the bare facts in the build up to this stage.
We easily forget that indirectly through public-financed projects (schools, hospitals, roads) in the construction industry, government is the largest consumer of cement. What really are the alternatives to regulation, 100% deregulation, allowing anyone who wishes to import cement for sale or use to do so, and allowing many more manufacturers into the industry in line with free market theory. The cement manufacturers can't enjoy restrictions to competition that offers the protection and still insist on charging any price they so chose, without transparency. It smacks of taking advantage of restriction and colluding to raise or even set prices. I actually prefer 100% deregulation save for standards, with zero licences. It is for them to chose.
Ambushing the Minister through another associations invitation is unethical, after refusing to meeting him just because the media was present and despite his pleading.
LA 1 year ago

You said it all. Thank you!

What is the cement manufacturer's hiding?

You said it all. Thank you!

What is the cement manufacturer's hiding?
Kk 1 year ago

Very good points. So should they not increase prices when their cost go up through Fx depreciation, taxes, utility price hikes etc? That is the real question here not the non disclosure of price breakdowns.

Very good points. So should they not increase prices when their cost go up through Fx depreciation, taxes, utility price hikes etc? That is the real question here not the non disclosure of price breakdowns.
MP 1 year ago

Good point …
100% deregulation and allow market forces to determine price versus some regulation to bring some sanity into pricing.

Good point …
100% deregulation and allow market forces to determine price versus some regulation to bring some sanity into pricing.
TonyB 1 year ago

Address the factors that are contributing to the high cost of cement and stop your archaic method of trying to control the Price

Address the factors that are contributing to the high cost of cement and stop your archaic method of trying to control the Price
MP 1 year ago

Being regulated does not means you can’t increase prices. Basically means there will be factors e.g exchange rate etc that will be used for adjustment in a transparent manner. I am not sure why the need for regulation as wi ...
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Being regulated does not means you can’t increase prices. Basically means there will be factors e.g exchange rate etc that will be used for adjustment in a transparent manner. I am not sure why the need for regulation as with free market economy we are practicing in Ghana markets forces will determine the prices. If you over price due to competition your market share will drop. Unless the manufacturers have come together and have an agreement on price adjustment that benefits them.
Wayo 1 year ago

K T Hammond is a man of action and no nonsense man. Do you remember the former GBC director general.

K T Hammond is a man of action and no nonsense man. Do you remember the former GBC director general.

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KT Hammond justifies sacking cement manufacturers from meeting with Construction Chamber

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