CUTS warns GH¢12 demurrage surcharge on cement, raises serious cartel concerns

CUTS International, Accra, a leading public policy think tank, has raised serious competition and antitrust concerns over the decision by the Chamber of Cement Manufacturers, Ghana (COCMAG) to introduce a uniform GH¢12 per bag clinker demurrage surcharge, warning that collective agreement among competing firms on a common surcharge bears the hallmarks of cartel conduct.

Address the Port Problem but Preserve Competition CUTS also called on the government and GPHA to urgently address the operational constraints creating excessive demurrage costs at Tema Port.

Different cement manufacturers have different shipping contracts, clinker volumes, vessel arrangements, inventory levels, financing costs, operational efficiencies and exposure to demurrage.