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Home Business Business News 201107

What Causes Cement Shortage

15-Jul-2011
/ Business News, Business
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Ms Hanna Tetteh, Minister of Trade and Industry, on Thursday said drastic power outages and the irregular raw material supply caused the shortage of cement on the market.

Answering an urgent question in Parliament, the minister stated

that between May and June 2011, GHACEM at Tema continuously

experienced drastic power outages which affected smooth production and

supply of cement.

Mr Ben Abdallah Banda, Member for Offinso South, demanded from

the minister what had been the cause of short supply of cement in the

country and its attendant high price increase lately. �On the average, the factory experienced about 60 hours of power outages per week during the period which adversely affected the production and attendant supply of cement for distribution and sale,� she said.

This, according to her, resulted in huge backlog of supply to

meet effective demand � payment already made but the accredited

distributors who were waiting to receive supplies from GHACEM could

not get them.

Source: GNA

 

 
 

 

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