George Dawson-Amoah, Strategic & Corporate Affairs Director of GHACEM, noted that the cement manufacturer is not responsible for the sudden increase in the price of the product on the market.
In an interview with 'City & Business Guide', Dr. Dawson-Amoah
attributed the shortage of the product to low production which he
said, was caused by a fault on the main transformer of Diamond Cement Company
located at Aflao in the Volta region.
further noted that Diamond Cement Company
controls about 35 percent share of the market and added that the Aflao-based company produces about 32 tonnes of cement a week.
stressed that the 32 tonnes produced weekly by Diamond Cement
translates into about 640,000 bags of cement.
"It is not true that GHACEM
has increased the price of our product.
The last time we increased the price of the product was in February, this year and since then GHACEM
has maintained that price," Dr. Dawson-Amoah
stated that even though GHACEM
has a contract with its accredited distributors not to publicly disclose the factory price of the product, GHACEM
had been compelled to announce that the factory price of a bag of cement was GH¢13.34.
According to Dr. Dawson-Amoah
was yet to receive evidence that its accredited distributors were selling the company's products at such prices.