U2 Company Limited

U2 Company Limited’s range of businesses includes Media Production – but also Real Estate Development, Mining of Salt, Allied Products, Stone Quarry, Fertilizer Production, Food Processing, Cable and Wire Manufacturing.

U2 Company Limited operates in the broadcasting sector. It manages UTV Ghana, Ghana’s third most popular local television channels. The company ultimately belongs to the Despite Groups of Companies, which again runs a number of popular TV, radio and online outlets.

U2 Company Limited is a joint ownership between Osei Kwame and Ernest Sarpong. Osei Kwame holds other business interests in the food and beverage industry. He is the CEO of Despite Group of Companies, it runs a range of radio stations in the country including Peace FM and Okay FM. Ernest Ofori Sarpong on the other hand runs other businesses including the production of mineral water. Osei Kwame and Ernest Ofori Sarpong together serve on the Best Point Savings and Loans Company with the former being a board member and the latter the chairman of the board. Apart from that, little is known publicly about the extent of non-media businesses that those two own.

The company since its establishment has not seen any transfer of ownership, mergers or total acquisitions.

Key facts

Mother Company

Despite Group of Companies

Business Form

Private

Legal Form

Limited Liability Company

Business Sectors

Broadcasting, Food & Beverages.

Ownership

Individual Owner

Osei Kwame

Kwame is an 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.

50%
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

2015

Founder

Osei Kwame #Ernest Ofori Sarpong

Affiliated Interests Founder

Osei Kwame and Ernest Ofori Sarpong are entrepreneurs with business interest in the banking, mining and food processing sectors

Employees

Missing Data

Contact

U2 Company Ltd.P.O.Box 17470, Accra

Tax/ ID Number

CS513722014

Financial Information

Revenue (Financial Data/ Optional)

Missing Data

Operating Profit (in Mill. $)

Missing Data

Advertising (in % of total funding)

Missing Data

Management

Executive Board

Dr. Osei Kwame - Director

Non-Executive Board

Missing Data

Supervisory Board

Missing Data

Further Information

Data Publicly Available

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

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Meta Data

Company information on shareholding based on data from the Registrar General's Department.

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