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JoyBusiness resources confirm that from next week, the cost of a 50-kilo bag associated with cement is expected to increase from 45 Ghana cedis to 55 Ghana cedis. Outside of Accra, a bag of cement could cost $60. According to sources, the increase is due to the weakening value of the Ghana cedi, recent increases in transportation charges, and the Russian-Ukraine war, which has disrupted logistics and the transport of some raw materials from abroad for local manufacture. For a while, the development may have an influence on housing costs and the personal budgets of numerous people who are now building houses in the country. Manufacturers have lately lobbied for the government in order to reconsider input taxes plus port fees. They had wished that would help the situation, especially last year. However , the management did not pay attention to this. These types of producers thought that by waiving some of these fees at the slots, the recent price raises would be reduced.
