The Government has challenged claims that the new Legislative Instrument (LI) on cement pricing is anti-business and will hurt manufacturing firms in Ghana.
The Government has also explained that the LI will rather encourage full disclosure and transparency in setting prices for cement.
The Chairman of the Cement Manufacturing Development Committee and Director General of the Ghana Standards Authority (GSA) Professor Alex Doodo disclosed this on PM EXPRESS BUSINESS Edition with host George Wiafe.
“Investors will come to Ghana because the various sectors that they want to operate are better regulated and there is full disclosure on pricing to aid competition”, he argued.
Source: Myjoyonline