The Ghana Standards Authority (GSA) has denied circulating reports on social media claiming that cement prices will rise by ¢6 per bag starting Monday, January 19, 2026, offering temporary relief to contractors, developers, and other players in the construction sector.
The Authority clarified that no directive has been issued to increase cement prices, and the Cement Manufacturing Development Committee, of which GSA is a member, has not approved any such adjustment.
“The notice suggesting a ¢6 increase in cement prices from Monday, 19th January 2026, is FALSE. The Cement Manufacturing Development Committee, including GSA, has not issued any such directive. We urge the public to verify information through our official channels before taking action,” the GSA statement said.
The clarification comes at a time of heightened sensitivity in the construction industry, where cement prices directly affect project costs, housing delivery schedules, and the sector’s overall competitiveness.
The false notice had caused concern among builders, real estate developers, and suppliers, many of whom are already grappling with rising input costs over the past year.
Cement pricing remains a key issue for the industry, especially as companies plan budgets for ongoing and upcoming projects in 2026 amid easing inflation and relative stability in the cedi.
Separately, Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, is scheduled to meet with cement manufacturers later today. The meeting is expected to focus on encouraging price reductions in line with improved macroeconomic conditions and addressing structural and operational challenges within the industry.
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