The Ghana Standards Authority (GSA) has debunked a viral social media notice claiming that the price of cement would rise by ¢6 per bag starting Monday, January 19, 2026, easing concerns among contractors, developers, and other stakeholders in the construction sector.
The Authority stated that it has not issued any directive to increase cement prices, adding that the Cement Manufacturing Development Committee—of which the GSA is a member—has not approved any price adjustment.
In a statement, the GSA said: “The Ghana Standards Authority wishes to inform the public that the notice circulating about a ¢6 increment in cement prices on Monday, 19th January, 2026, is false. The Cement Manufacturing Development Committee, which includes the GSA, has not issued any such directive. We urge the public to be wary of misinformation and to rely on our official communication channels.”
The clarification comes at a time of heightened sensitivity within the construction industry, where cement prices have a direct impact on project costs, housing delivery schedules, and the sector’s overall competitiveness.
The misleading notice had sparked uncertainty among builders, real estate developers, and suppliers, many of whom have been dealing with high input costs over the past year.
Cement pricing continues to be a key concern for the industry, especially as companies prepare budgets for existing and upcoming projects in 2026 amid easing inflation and relative stability of the cedi.
Meanwhile, the Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, is expected to hold discussions with cement manufacturers later today. The meeting is anticipated to focus on pushing for price reductions in line with improving macroeconomic conditions, while also addressing operational and structural challenges facing the cement industry.
