Two phenomena are striking when looking at the individual shareowners, founders, managers in media: the high level of politically engaged and affiliated individuals, and the low number of females in management and ownership.
Every third media outlet has an owner with political interests
Out of the monitored media outlets, a third is either state-owned or has shareholders with political affiliations, amongst them high-level politicians. Only to name two: the acting Chairman of the governing New Patriotic Party (NPP), Frederick Blay, is a majority shareowner of Western Publications Ltd., publisher of Daily Guide and News One newspapers. Dr. Kwabena Duffour, the reported listed shareowner of Excellence in Broadcasting Group Ltd., was former Minister of Finance and Economic Planning in the erstwhile National Democratic Congress government.
Women hit the glass ceiling
The research findings illustrate the extent to which Ghanaian media ownership and management is male dominated. Out of the 25 monitored media companies, only two have female owners: Stella Wilson Agyepong for Oman FM Limited and Edith Dankwa for Business and Financial Times Limited. GAB Productions Ltd. and Western Publication Ltd. list a woman as minority shareowner. Both are wives of the majority shareholder of the respective companies. Women also rarely hold management positions: out of the 21 identifiable CEO’s, only three are female: Edith Dankwah for Business and Financial Times Ltd., Carol Anang for state-owned New Times Corporation, and Gina Blay for Western Publications. The gender ratio for board members of media organizations shows a similar picture.