According to reports, cement is now selling for GHC 95, up from GHC 80 around two weeks ago.

Ghanaian broadcaster Bridget Otoo complained that the impact on the country's businesses' ability to survive the price increase has grown intolerable.

In a tweet, Bridget Otoo remarked that since August 2022, the product's price has grown by more than 30 cedis.

She called on President Nana Addo Dankwa Akufo-Addo to take charge of the economy and reduce the hardships for Ghanaians.

“Are you people not tired? How can you increase cement again to 95 cedis?

@NAkufoAddo pretend to be in charge and let things work. Our businesses are collapsing! How can cement prices go up by more than 30 cedis since August? how?” she wrote.

Manufacturers of the product had attributed the upward adjustment to the depreciation of the cedi.

According to them, most of their raw materials are imported, therefore as the cedi falls, production cost increases as well.