New Times Corporation

New Times Corporation

The New Times Corporation’s (NTC) is a media company with focus on print media and lately an online news portal. NTC is the publisher of the third most read daily newspaper - The Ghanaian Times - and the Weekend Spectator. The corporation also manages an online media outlet – ghanaiantimes.com.gh

It is owned by the state and thus registered with the State Enterprise Commission as a State Owned Enterprise.

NTC, formerly known as The Guinea Press Limited, was established by the first President of Ghana, the late President Kwame Nkrumah, in 1957, as the printing house for his Convention People’s Party (CPP). After the overthrow of the late President in a military coup in 1966, The Guinea Press was taken over as a state property by NLCD (National Liberation Council Decree) 130 of 1968. In 1971, the Press was transformed into The New Times Corporation by an Instrument of Incorporation – Act 363, 1971, which also repealed The National Newspapers (Guinea Press Limited – Interim Reconstitution Decree) which acquired it as state property.

Key facts

Mother Company

State

Business Form

State-owned

Legal Form

state-owned enterprise (SOE)

Business Sectors

The corporation's main line of operation is into general printing publishing.

Ownership

state

The News Times Corporation is registered with State Enterprises Commission, Ghana as a State Owned Enterprise.

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Media Outlets
Other Media Outlets

Other Print Outlets

Ghanaian Times

Other Online Outlets

ghanaiantimes.com.gh

Facts

Media Business

Broadcasting Network

Ghana Broadcasting Corporation

News Agency

Ghana News Agency

Publishing

Ghana Publishing Company Limited

Business

Packaging

G-Pak (Graphic Packaging Limited)

General Information

Founding Year

1957

Founder

Dr. Kwame Nkrumah (former President of the Republic of Ghana)

Affiliated Interests Founder

Dr. Kwame Nkrumah was the first president of the Republic of Ghana (1960-66). A firm believer in African liberation, Nkrumah pursued a radical pan-African policy, playing a key role in the formation of the Organization of African Unity in 1963.

Employees

Missing Data

Contact

New Times Corporation;P.O. Box 2638; Ring Road West, Accra

Tax/ ID Number

Missing Data

Financial Information

Revenue (Financial Data/ Optional)

Missing Data

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

Missing Data

Management

Executive Board

Prof. Kwame Boasiako Omane-Antwi – Chairman of the Board

Non-Executive Board

Missing Data

Supervisory Board

Missing Data

Other Influential People

Kofi Baako is Kweku Baako's father and former Education and Information Minister for the CPP.

Further Information

Active Transparency

company/channel informs proactively and comprehensively about its ownership, data is constantly updated and easily verifiable

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Meta Data

No public profile was available at the Registrar General’s Department. However, since The New Times Corporation is state-owned, all information was provided online by the company.

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