GHANA: The Business & Financial Times reports that domestic cement sales in Ghana fell to 4.13 MT in 2015, down by 3.1 per cent over the previous year. Cement imports reached 2.62 MT, up 6.2 per cent over 2014.
The decline was not due to falling demand, but instead reflects the ongoing issues with electricity supply, that has disrupted production.
The newspaper quotes sources at two of the domestic producers who noted that production recovered as politicians moved to improve electricity supplies ahead of this year?s elections.
The sources also expressed confidence that demand would recover in 2016.