GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
No Result
View All Result
Home Business

New Trend of Cement Retail Emerges In Kumasi

December 2, 2016
in Business
Share on FacebookShare on Twitter

Some businesses are devising more ingenious ways to survive the extreme competition they face in the market, especially in cement sale.

You Might Also Like

Nana Akufo-Addo Has Won 2020 Ghana Elections with 51.7% of the Vote

Online Casino Best-Themed Games

Utilize Reliable Exam Dumps to Attain Cisco 300-320 R&S Certification Easily

The challenge, therefore, has resulted in a creative way of retailing cement in Kumasi in cans and other plastic containers.

A visit to Railways Line, a suburb close to Alabar and the Central Market revealed that some retailers have heaped in small containers — the cement is sold in bits and pieces other than in bags.

One of such innovative retailers is 20-year-old Faila Salifu, who does not have enough money to rent a shop or buy in large quantities to retail.

With a bag of cement selling at an ex-factory price of between 29 Ghana Cedis and 35 Ghana Cedis sales has dwindled drastically with retailers being at the receiving end.

Faila Salifu who has been in this business for the past three years is happy at the prospects of selling in small containers.

“In a day I can sell either two or three bags, the business is good, there are no jobs so this is what I am doing”, he said.

Prices range from the small ‘magarine’ container which is 3 Ghana Cedis, the ‘olonka’ goes for 7 Ghana Cedis, while the rubber paint is 9 Ghana Cedis.

This style of retailing used to be peculiar with grains and cereals.

But perhaps the complexity of the market and the quest to make income is pushing it to other commodities.

Forty-three-year-old Yaw Amankwaa has been doing this for seven years. But competition has eaten into his sales.

“I used to sell seven bags a day. It has reduced because now a lot of people are getting into this business,” he complained.

According to him, he started at the Railways Line (an area close to Central Market), but it has now spread to Aboabo Station, Sofoline and other areas.

So as with every business, the customer will almost always dictate how products are sold.

“If I need little cement for the job I am doing then I buy it, in fact, it really helps my business but with cement when you keep it open it for a long time , it loses its potency,” Kubina Okyem, a mason said.

Kofi Sarfo, a tiler at Maxima Junction in Kumasi has been patronising what has become known as ‘cement-in- tots’ is happy at the develop because he is able to save some money on the product.

“As little as 5 Ghana Cedis, I can buy what I need, so I don’t waste cement and money,” he said.

For young Salifu, “one would only complain about no work if they are lazy to work.”

Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.

Tags: Aboabo Stationafricacementcement salecement-in- totsEconomy of GhanaFaila SalifughanaGhanaian cediKofi Sarfokumasirubber paintYaw Amankwaa

Related News

Covid-19: President Akufo-Addo To Address Ghanaians Tonight

Nana Akufo-Addo Has Won 2020 Ghana Elections with 51.7% of the Vote

by ghanastar
December 9, 2020
0

Nana Akufo-Addo won Ghana’s national election, becoming president-elect at the third attempt and cementing the country’s reputation as a standard-bearer...

Online Casino Best-Themed Games

Online Casino Best-Themed Games

by ghanastar
July 9, 2020
0

Whether you like casino games or not, we can all agree that people like themes, and they express their lover...

Utilize Reliable Exam Dumps to Attain Cisco 300-320 R&S Certification Easily

by ghanastar
July 14, 2020
0

Cisco’s certifications are among the most popular credentials for IT professionals. The company is considered to be one of the...

Burkina Faso: Attack on Church Kills at Least 14

by
December 1, 2019
0

At least 14 people have been killed after gunmen opened fire inside a church in Burkina Faso. The victims were...

Next Post

Uphold Ghana’s Democracy On Dec. 7

Disorder Characterises Special Voting In Brong Ahafo

Categories

  • Africa & World
  • African Music Lyrics Directory
  • Business
  • Business Directory
  • celebrities
  • Computing
  • Diaspora
  • Entertainment
  • Events
  • Feature
  • Featured
  • Ghana Elections 2016
  • Headlines
  • Health
  • International
  • Internet
  • Jobs
  • lifestyle
  • Music
  • News
  • Offbeat
  • Opinion
  • Politics
  • Profiles
  • Religion
  • Security
  • Seth Terkper
  • Smart Home
  • Social Networks
  • Sports
  • Technology
  • Top Stories
  • World News

Tags

accra addo africa Association football Banks - NEC business Business_Finance chairman Donald Trump economy education Entertainment_Culture environment Geography of Africa ghana Ghanaian people government Government of Ghana Human Interest John Dramani Mahama john mahama Law_Crime mahama minister MPs elected in the Ghanaian parliamentary election Nana Addo Nana Addo Dankwa Nana Akufo-Addo National Democratic Congress National Democratic Congress (NDC) New Patriotic Party New Patriotic Party (NPP) nigeria politics Politics of Ghana president Social Issues Social Media Social Media & Networking sports United Kingdom United Nations United States Vice President War_Conflict

Recent Posts

  • Government of Ghana Unveils Official Portraits of President John Dramani Mahama and Vice President Prof. Naana Jane Opoku-Agyemang
  • Who Is the Woman (Sheena Gakpe) in Sarkodie’s Latest Hit “No Sir” and Why Everyone Is Talking about It
List of Ghana Holidays for 2020
Ghana Geocoding
Ghana Cedis Exchange API
Ghana Maps Service
Toyota Cars Auto Auction History
  • African Music Lyrics Directory
  • Business Directory
  • Diaspora
  • Top Stories

All rights reserved © 2021 GhanaStar.com

No Result
View All Result
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music

All rights reserved © 2021 GhanaStar.com