By Ahura Mujuni Mark
Uganda’s Cement prices have fallen due to increase in supply and slows in construction.
The price of a 50 kg bag of cement has fallen from 30 000 – 33 000 Ugandan shillings (UGX) in 2011 to UGX25 000 – 27 000 today, an average decline of around UGX6000.
Uganda’s two major cement manufacturers have both invested in expansion projects over the last few years, with Tororo Cement upping capacity to 1.7 million tpa in August 2011 and Hima Cement raising capacity from 350 000 to 850 000 the year earlier.
This has been a factor in the increased supply, and in the resulting lower prices.