Importation of cement killing local companies - GCMA
The Ghana Cement Manufacturing Association (GCMA) has expressed dissatisfaction with the manner the Customs Division of the Ghana Revenue Authority (GRA) is handling their recent petition on the under-declared value of the cost of freight (C&F) of imported bagged cement.
Speaking with the media, the chairman of the GCMA, Dr George Dawson-Ahmoah, said cost and freight values (C&F) of $25 per tonne to $30 per tonne were still being charged at the ports on imported bagged cement particularly from China.
He said the association was of the view that any value less than $80 per tonne to cover C&F of imported bagged cement had the tendency to undermine the cost build up of
locally produced cement, making the imported bagged cement far cheaper than locally produced ones.
This, he said made it difficult for the local producers to compete with importers.
Customs unresponsive
Dr Dawson-Ahmoah disclosed that despite sever