No Result
View All Result
Wednesday, March 22, 2023
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Peasant farmers reiterate calls for construction of Pwalugu Multi-Purpose Dam

    ECG disconnects GRA, KFC, Ho Airport others from power grid

    GRA monitoring team retrieves over GHC85m revenue shortfall

    Finance Minister leaves for China for debt negotiations

    Ghana’s debt level frustrating businesses, individuals – IEA

    Gold Fields, AngloGold rule out merger after Ghana joint-venture deal

    Volkswagen takes over the responsibility of vehicle assembly in Ghana

    CFAO opens ultra-modern Mercedes Benz showroom

    Govt pays outstanding coupons to individual bondholders

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    It’s time to give women top posts in multilateral institutions – GCBL Chairman 

    Global Chamber of business leaders enters into partnership with IEFS

    Gold for Oil policy will save Ghana $4.8bn annually – Veep

    Energy Minister scheduled to speak on Ghana’s near-term opportunities at NAEPEC 2023

    Standard Chartered appoints Ebenezer Twum Asante as Chairman of Board of Directors

    Abena Amoah named in WFE’s top 20 women leaders

    International Women’s Day: Female engineering students tour Karpowership

    BoG directs banks to submit prudential reports on sex-disaggregated basis

    AGM Petroleum Ghana relinquishes South Deep Water Tano block

  • TECHNOLOGY

    Cyber Security Authority commences licensing and accreditation regime

    Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

    Ghana withdraws $672m back-tax demand from MTN Group

    MTN to fight $773m tax bill from government

    Telcos to implement 1% E-Levy charge from today

    Huawei Equips 500 Traders in FinTech

    Africans urged to bolster adoption of Bitcoins

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Meta considered building a Twitter competitor to capitalize on Elon Musk’s ‘crisis’ at company

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    Silicon Valley Bank crisis: What led to stock crash, what lies ahead?

    Medical devices market projected to expand by $ 7.1 billion by close of year

    African Union adopts Africa Prosperity Dialogues AfCFTA action plan

    Third World Network Africa urges Africans to be strategic about AfCFTA

    5 important things to know about the African Continental Free Trade Area agreement

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Feed Africa Summit: African Development Bank to commit $10bn to make continent breadbasket of the world

    Nigeria’s national debt hits an all time as the country struggles with repayment

    What does 2023 hold? Predictions in payments for the year ahead for Africa

  • FEATURES
  • Videos
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Peasant farmers reiterate calls for construction of Pwalugu Multi-Purpose Dam

    ECG disconnects GRA, KFC, Ho Airport others from power grid

    GRA monitoring team retrieves over GHC85m revenue shortfall

    Finance Minister leaves for China for debt negotiations

    Ghana’s debt level frustrating businesses, individuals – IEA

    Gold Fields, AngloGold rule out merger after Ghana joint-venture deal

    Volkswagen takes over the responsibility of vehicle assembly in Ghana

    CFAO opens ultra-modern Mercedes Benz showroom

    Govt pays outstanding coupons to individual bondholders

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    It’s time to give women top posts in multilateral institutions – GCBL Chairman 

    Global Chamber of business leaders enters into partnership with IEFS

    Gold for Oil policy will save Ghana $4.8bn annually – Veep

    Energy Minister scheduled to speak on Ghana’s near-term opportunities at NAEPEC 2023

    Standard Chartered appoints Ebenezer Twum Asante as Chairman of Board of Directors

    Abena Amoah named in WFE’s top 20 women leaders

    International Women’s Day: Female engineering students tour Karpowership

    BoG directs banks to submit prudential reports on sex-disaggregated basis

    AGM Petroleum Ghana relinquishes South Deep Water Tano block

  • TECHNOLOGY

    Cyber Security Authority commences licensing and accreditation regime

    Twitter is reportedly planning to charge businesses $1,000 per month to keep gold verified checks

    Ghana withdraws $672m back-tax demand from MTN Group

    MTN to fight $773m tax bill from government

    Telcos to implement 1% E-Levy charge from today

    Huawei Equips 500 Traders in FinTech

    Africans urged to bolster adoption of Bitcoins

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Meta considered building a Twitter competitor to capitalize on Elon Musk’s ‘crisis’ at company

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    Silicon Valley Bank crisis: What led to stock crash, what lies ahead?

    Medical devices market projected to expand by $ 7.1 billion by close of year

    African Union adopts Africa Prosperity Dialogues AfCFTA action plan

    Third World Network Africa urges Africans to be strategic about AfCFTA

    5 important things to know about the African Continental Free Trade Area agreement

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Feed Africa Summit: African Development Bank to commit $10bn to make continent breadbasket of the world

    Nigeria’s national debt hits an all time as the country struggles with repayment

    What does 2023 hold? Predictions in payments for the year ahead for Africa

  • FEATURES
  • Videos
No Result
View All Result
Citi Business News
No Result
View All Result

Our market penetration will bring down price of cement-Dangote

bycitibusinessnews
July 21, 2016
in Local Economy, Top Stories, Transport
Mr. Tor Nygard (M)

Mr. Tor Nygard (M)

Share on FacebookShare on TwitterShare on Whatsapp

As part of moves targeted at distributing its products across Ghana to beat down price of cement,  Dangote Cement Ghana Limited has taken delivery of 1,000 brand-new-trucks to facilitate the distribution of cement to all parts of Ghana.

The move which is also set to complement a new factory being built in Takoradi is part of the expansion plans of the company to meet the growing demand of cement for the construction industry.

IMG_7797

ADVERTISEMENT

Speaking to Citi Business News after a media tour of the facilities, CEO of Dangote Cement Ghana Ltd, Mr. Tor Nygard maintained that the company decided to move its operations to Ghana to create jobs for Ghanaians.

“We have being bagging our finished products in Tema for the past six years and we believe that we are now ready to establish a production plant in Takoradi to expand our base across the west African region and also create jobs for Ghanaians,” he said.

He disclosed that the company has already recruited about 1500 drivers to work with the transport department of the of the distribution channel.

“We have engaged about a 1500 drivers to handle these trucks. We are still recruiting Ghanaians to fill different positions in the company. In all, we are looking at creating 5,000 jobs by close of this year,” he assured.

As part of revenue generation for the country, Mr.Nygard stated that  the company has already paid 2 million  dollars as tax on the importation of the trucks to the government of Ghana.

“These are components of the Company’s mission in Ghana which is to stimulate its economy and get quality cement to all Ghanaians at an affordable price,” he said.

Touching on the new plant in Takoradi, Mr. Nygard said the company is investing over $100 million in the construction of the plant in Takoradi in the Western Region.

According to him, the Cement Grinding Plant will have the capacity to produce about 1.5 million tons of cement per annum.

“This project, when completed, will further cement the presence of Dangote Cement business in Ghana and is a further proof of our commitment to the Infrastructural development of the country and will also enable us to meet the growing demand across other countries in West Africa,” he said.

On his part, the Media Relations Manager of the Dangote Cement, Etornam Komla stated that the company as part of its quality control mechanisms supply only 42.5R grade of ordinary Portland cement onto the Ghanaian market.

–

By: Lawrence Segbefia/citibusinessnews.com/Ghana

Related Posts

Agriculture

Peasant farmers reiterate calls for construction of Pwalugu Multi-Purpose Dam

byEmmanuel Oppong

The Peasant Farmers Association of Ghana is urging the government to allocate funds for the construction of the Pwalugu multi-purpose...

Read more

ECG disconnects GRA, KFC, Ho Airport others from power grid

GRA monitoring team retrieves over GHC85m revenue shortfall

Finance Minister leaves for China for debt negotiations

Ghana’s debt level frustrating businesses, individuals – IEA

Gold Fields, AngloGold rule out merger after Ghana joint-venture deal

Volkswagen takes over the responsibility of vehicle assembly in Ghana

Next Post

Nigeria: Debt Servicing Gulped N1.02 Trillion in 2015 - DMO

Video on Demand: Business Weekly

ADVERTISEMENT
Citi Business News

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.

Navigate Site

  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

Follow Us

No Result
View All Result
  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

© 2019 Citi Business News - CitiBusinessNews.com by CNR Digital.