Breaking: GHACEM Cement Price Drops Significantly as Cedi Strengthens 🇬🇭

In a welcome development for the construction industry and consumers alike, GHACEM has reduced the price of its cement from GHS 120 to GHS 82 per bag. This substantial price drop follows the recent appreciation of the Ghanaian cedi against the US dollar, easing the cost of imported raw materials and production inputs.

With the cedi gaining strength, similar reductions are expected across various imported goods and construction materials. Industry experts predict that this could boost economic activity, reduce inflationary pressures, and bring some much-needed relief to businesses and households.

As the local currency continues to stabilize, Ghanaians may soon enjoy broader price cuts across multiple sectors—an encouraging sign of economic resilience and recovery.

Moral lesson: A stable and strong local currency benefits everyone.