Despite Group of Companies
Despite Group of Companies (DGC) is one of the biggest media conglomerates in Ghana being present on two main platforms: radio and online media. Despite Group of Companies (DGC) is the umbrella for a number of companies, such as Despite Music Production Limited (Peace FM), Neat FM Company Limited (Neat FM, Hello FM), Paradise Vision Estate Limited (Okay FM), U2 Company Limited (UTV) and Despite Digital (Peacefmonline.com).
It also runs a number of non-media related companies (U2, Neat Foods, Best point Savings and Loans -Finance, Special Mineral water -Food & Beverages)
Osei Kwame is the founder and CEO of DGC. He is also a shareowner of U2 Company Limited, the company that manages UTV in Ghana. Osei Kwame also owns Neat Foods Company Limited which produces and markets NEAT Fufu, NEAT Banku, NEAT Abenkwan, NEAT Hausa Koko, NEAT Diary Products; and Atona Foods (Makers of This Way Chocolate Drink and This Way Motherlac and other products).
Despite Group of Companies started as Despite Stores that marketed and distributed audio cassettes across the country. The business grew over the years with setting up its nowadays popular radio stations – Peace FM.
The success of Peace FM set the pace for the opening of other radio stations under the group name Despite Group of Companies (DGC). Today the DGC operates three radio stations in Accra, one in the Ashanti region and dozens of affiliates across the length and breadth of the country.
Limited Liability Company
Despite Group of Companies is registered at the Registrar General's Department to operate businesses in media, food & beverages, farming, building construction.
Osei Kwame is an entrepreneur with a chain of media outlets in the name of Despite Group of Companies. He also owns 50% shares in Despite Group's daughter company - U2 Company Limited, which runs UTV. He also operates companies in the food business.
Other TV Outlets
Other Radio Outlets
Peace FM - Frequency (MHz) 104.3
Okay FM - Frequency (MHz) 101.7
Neat FM - Frequency (MHz) 100.9
Hello FM - Frequency (MHz) 101.5
Other Online Outlets
Despite Music Production Limited
Television & radio broadcasting
Neat FM Company Limited
U2 Company Limited
Online Content Production
Despite Digital Limited
Special Investment Company Limited
Best Point Saving and Loans
Food & Beverages
Atona food production
Neat Foods Company Limited
NEAT Hausa Koko
NEAT Diary Products
U2 Salt Limited
Special Ice Company Limited
Affiliated Interests Founder
Osei Kwame presently has other business interests including Neat and Atona food processing companies, distributors of range of staple food products and diary food products on the Ghanaian market.
He also serves as a member of the Board of Directors of Best Point Savings and Loans Limited, a wholly Ghanaian owned savings and loans company.
Despite Group of Companies;P.O. Box K 81, Kumasi
Tax/ ID Number
Revenue (Financial Data/ Optional)
Operating Profit (in Mill. $)
Advertising (in % of total funding)
Fadda Dickson - is one of the Directors of Despite Group Limited. Fadda also doubles as the Director of Administration & Finance at the media cumpany
Kwasi Brenya - a former General Manager of the conpany. Though deceased, remains one of the Directors of the company
Other Influential People
Kwame Sefa-Kayi - is the host of the morning show on Peace FM, one of the media outlets run by the company. He is one of the most decorated journalists in the country having won the Radio and Television Personlity award on four consecutive occassions.
Company information on shareholding based on data from the Registerer Generals Department.
Registrar General’s Department. Date of Registration 1997-05-15. Despite Company Limited – C-74,775. Accessed in May 2017.
Registrar General’s Department. Date of Registration 1995-10-25. Despite Music Productions - BNC- 45 2188. Accessed in May 2017.