The Ghana Standards Authority (GSA) has described as false a notice circulating on social media that claims the price of cement will increase by ¢6 per bag from Monday, January 19, 2026.
The clarification has brought temporary relief to contractors, developers, and other stakeholders across the construction value chain.
In a statement, the Authority said it has not issued any directive approving a price increase.
It further explained that the Cement Manufacturing Development Committee, on which the GSA is represented, has not sanctioned any upward review of cement prices.
“The Ghana Standards Authority wishes to inform the general public that the notice circulating about a ¢6 increase in the price of cement on Monday, January 19, 2026, is false. The Cement Manufacturing Development Committee, which includes the GSA, has not issued any such directive,” the statement said.
The GSA urged the public to disregard the notice and rely only on information from its official communication channels to avoid being misled.
The clarification comes at a sensitive time for the construction sector, where cement prices have a direct impact on project costs, housing delivery timelines, and overall industry competitiveness.
The false report had caused anxiety among builders, real estate developers, and suppliers, many of whom are still coping with high input costs from the past year.
Cement pricing remains a key concern as industry players prepare budgets for both ongoing and new projects in 2026, particularly amid easing inflation and relative stability of the cedi.
Meanwhile, the Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, is expected to meet with cement manufacturers later today.
The meeting is anticipated to focus on pushing for lower cement prices in line with improved macroeconomic conditions, while also addressing operational and structural challenges facing the industry.
