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.

Key facts

Business Form

Private

Legal Form

Limited Liability Company

Business Sectors

Despite Group of Companies is registered at the Registrar General's Department to operate businesses in media, food & beverages, farming, building construction.

Ownership

Individual Owner

Osei Kwame

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.

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Media Outlets
Other Media Outlets

Other TV Outlets

UTV

Other Radio Outlets

Peace FM - Frequency (MHz) 104.3

Other Online Outlets

<peacefmonline.com>

Facts

Media Business

Music Production

Despite Music Production Limited

Television & radio broadcasting

Neat FM Company Limited

Online Content Production

Despite Digital Limited

Business

Finance

Special Investment Company Limited

Food & Beverages

Atona food production

General Information

Founding Year

1997

Founder

Osei Kwame

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.

Employees

Missing Data

Contact

Despite Group of Companies;P.O. Box K 81, Kumasi

Tax/ ID Number

C-74,775

Financial Information

Revenue (Financial Data/ Optional)

Missing Data

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

Missing Data

Management

Executive Board

Fadda Dickson - is one of the Directors of Despite Group Limited. Fadda also doubles as the Director of Administration & Finance at the media cumpany

Non-Executive Board

Missing Data

Supervisory Board

Missing Data

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.

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