Trade Minister

Get Licensed Or Shut Down – Trade Minister Directs Cement Producers
02 Oct

Get Licensed Or Shut Down – Trade Minister Directs Cement Producers

wontumionlineBusiness, ,
The Minister of Trade and Industry, K. T. Hammond, has directed cement manufacturers to secure licences or halt production immediately. The minister issued the directive last Tuesday to the Cement Manufacturing Development Committee (CMDC), set up last year to regulate the industry, for prompt enforcement. The directive follows the coming into force of the Ghana Standards Authority’s Manufacture of Cement Regulation, 2023, (L.I. 2480), which mandates existing companies to re-register and secure a licence and prohibits new factories without a licence from operating. Throwing light on the new regime, the Director-General of the GSA, Professor Alex Dodoo, who chairs the…
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Trade Minister Orders Uniform Cement Prices Across Country
13 Mar

Trade Minister Orders Uniform Cement Prices Across Country

wontumionlineBusiness,
Drawing a parallel between the cement and the petroleum retail sectors, where pump prices in the latter are consistent across the country, Mr Hammond emphasised the need for a similar pricing structure in the cement industry to promote price stability and uniformity. He also emphasised the need for retail prices to be reasonably close to factory prices, urging against significant markups. The minister gave the directives in Accra last Friday when he swore in members of the newly established Cement Manufacturing Development Committee, which is now responsible for the regulation of the cement industry. The industry had operated without regulatory…
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We Need To Patronise Locally Assembled Vehicles To Boost Market – Trade Minister
30 Apr

We Need To Patronise Locally Assembled Vehicles To Boost Market – Trade Minister

wontumionlineBusiness,
Kobina Tahir Hammond, the Minister of Trade and Industry, says the government will help grow the patronage of locally assembled vehicles by encouraging Ministries, Departments and Agencies (MDA) procure them. Doing so, he said, would help the automobile firms scale up production, generate revenue and create more employment opportunities. The Minister made the remarks when he visited the Toyota Tsusho Manufacturing Plant as part of his familiarisation tour of the Tema Free Zones enclave. It was to enable the Minister who assumed office barely two months ago to get firsthand information on the structures, activities and challenges of agencies and…
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Trade Minister Alan Kyerematen Resigns
06 Jan

Trade Minister Alan Kyerematen Resigns

wontumionlineNews,
JoyNews is learning Trade Minister Alan John Kwadwo Kyerematen has resigned from the government. Multiple sources close to the minister said he tendered his resignation letter to President Nana Akufo-Addo on Thursday, Jan 5, 2023. The man popularly called ‘Alan Cash’ has long been rumoured to be nursing the ambition to contest the flagbearership slot of the New Patriotic Party (NPP). But it’s unclear if the resignation is to allow him to concentrate on that ambition. Political journey so far Mr Kyerematen made an attempt at the leadership of the NPP in 2007, capturing 32.3% of the votes cast. He…
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