Business News of Monday, 27 January 2020Source: Graphic.com.ghNo more permits for new cement companies — Trade MinistryDeputy Trade Minister, Carlos AhenkorahThe Ministry of Trade and Industry has placed a ban on the issuance of permits to companies that want to set up cement processing plants in the country. "The ministry has taken note of the challenges in the industry and has decided not to increase the number of cement factories in the near future. For that reason, he said deliberate steps were also needed to ensure that the excess cement was exported to neighbouring countries. The eight are Ghacem Limited, CIMAF Ghana Limited, Diamond Cement Group, Dangote Cement Ghana Limited, CBI Ghana Limited, Wan Heng Ghana Limited, Xin Ann Safe Cement Limited and Pozzolana Ghana Limited (PGL). Housing deficitFor his part, the Minister of Works and Housing, Mr Samuel Atta Akyea, said the government would support investors with the needed interventions that would help reduce the country's current housing deficit.

Source: GhanaWeb January 27, 2020 07:41 UTC