Uganda: Cement Firms Worried Over Cheap Imports

Uganda: Cement Firms Worried Over Cheap Imports - The East African Business Council has asked EAC governments to support local cement manufacturers if the industry is to compete favourably with imported products. The local industry is currently grappling with increased competition from imported cement from countries that enjoy lower production costs as well as subsidies since EAC finance ministers reduced Common External Tariff (CET) on cement from 40 per cent to 25 per cent. [AA Construction]