by Godwin A. Allotey
The Minister of Trades and Industry, Ekow Spio-Garbrah has explained that prices of cement in the country have reduced appreciably due to moves by government to boost competition in the sector.
Spio-Garbrah has come under pressure from the Association of Cement Manufacturers of Ghana (CMAG) for approving the license of some foreign companies to import about 500,000 metric tonnes of cement into the country.
The association argued that the minister acted illegally when he deliberately issued the permits to SOL Cement from China and Fujian from Korea to import the products into the country and further complained that the decision will virtually push them out of business.
But speaking on the Citi Breakfast Show on Thursday, Spio-Garbrah said the row over his decision is unnecessary. . . .
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