Okay FM

Okay FM is a private, predominantly Akan speaking station, which began commercial operations in the Greater Accra Region in 2008. Since its onset, Okay FM like its sister stations has become equally competitive.

GeoPoll's survey report on the performance of radio stations puts Okay FM at number ten nationwide (Q1 2017), with an audience share of 2 %. Okay FM ranks 5th in the Greater Accra Region with an audience share of 6%. The station is equally strong in the Central Region (ranks 5th with an audience share of 6%) and in the Eastern Region (ranks 5th with an audience share of 6%). The station broadcasts a wide variety of contents such as local, national and international news, sports, business, current affairs, information and much more.

Okay FM is registered under Paradise Vision Estate Limited, according to the National Communication Authority. Paradise Vision Estate Limited, however, is a real estate and construction company according to the company’s profile at the Registrar General’s Department. Currently, Okay FM operates under the umbrella of Despite Group of Companies, one of the biggest media companies. It operates other stations including Peace FM, Hello FM, Neat FM as well as a TV station, UTV. It also operates non-media businesses; which include salt mining, food processing, savings and loans among others. The Despite Group was founded and is owned by Osei Kwame Despite, one of the richest businessmen in Ghana.

Key facts

Audience Share

2.4%

Ownership Type

Private

Geographic Coverage

Central Region, Eastern Region, Greater Accra, Northern Reagion

Content Type

free content

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Media Companies / Groups

Despite Group of Companies

Ownership

Ownership Structure

A company profile was publicly available at the Registrar General's Department for Paradise Vision Limited, under which Okay FM is listed at National Communications Authority (NCA). According to online information Okay FM operates under Despite Group of Companies, but this connection could not be established in legal terms.

Voting Rights

Missing Data

Individual Owner

Media Companies / Groups
Facts

General Information

Founding Year

2008

Founder

Osei Kwame

Affiliated Interests Founder

Osei Kwame is a media entrepreneur with a chain of media outlets in the name of Despite Group of Companies and through a daughter company, U2 Company Limited. He also operates companies in the food business.

Ceo

Osei Kwame

Affiliated Interests Ceo

see above

Editor-In-Chief

Missing Data

Affiliated Interests Editor-In-Chief

Missing Data

Other Important People

Ernest Ofori Sarpong

Affiliated Interests other important people

Ernest Ofori Sarpong has co-partnered in setting up UTV Ltd, which is currently He is co-owner of Paradise Vision Estate Limited.

Contact

Paradise Vision Estates Ltd.;Box 17470, Accra;Tel.: 0302406767;Website: okayfmonline.com

Financial Information

Revenue (in Mill. $)

Missing Data

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

Missing Data

Market Share

Missing Data

Further Information

Meta Data

GeoPoll. Radio Audience Share (Jan-March 2017).
No public profile was available at the Registrar General’s Department.

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  • With kind support from
    GeoPoll