Okay FM
Okay FM is a private, predominantly Akan speaking station, which began commercial operations in the Greater Accra Region in 2008. Since its onset, Okay FM like its sister stations has become equally competitive.
GeoPoll's survey report on the performance of radio stations puts Okay FM at number ten nationwide (Q1 2017), with an audience share of 2 %. Okay FM ranks 5th in the Greater Accra Region with an audience share of 6%. The station is equally strong in the Central Region (ranks 5th with an audience share of 6%) and in the Eastern Region (ranks 5th with an audience share of 6%). The station broadcasts a wide variety of contents such as local, national and international news, sports, business, current affairs, information and much more.
Okay FM is registered under Paradise Vision Estate Limited, according to the National Communication Authority. Paradise Vision Estate Limited, however, is a real estate and construction company according to the company’s profile at the Registrar General’s Department. Currently, Okay FM operates under the umbrella of Despite Group of Companies, one of the biggest media companies. It operates other stations including Peace FM, Hello FM, Neat FM as well as a TV station, UTV. It also operates non-media businesses; which include salt mining, food processing, savings and loans among others. The Despite Group was founded and is owned by Osei Kwame Despite, one of the richest businessmen in Ghana.
Audience Share
2.4%
Ownership Type
Private
Geographic Coverage
Central Region, Eastern Region, Greater Accra, Northern Reagion
Content Type
free content
Media Companies / Groups
Despite Group of Companies
Ownership Structure
A company profile was publicly available at the Registrar General's Department for Paradise Vision Limited, under which Okay FM is listed at National Communications Authority (NCA). According to online information Okay FM operates under Despite Group of Companies, but this connection could not be established in legal terms.
Voting Rights
Missing Data
Individual Owner
General Information
Founding Year
2008
Founder
Osei Kwame
Affiliated Interests Founder
Osei Kwame is a media 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.
Ceo
Osei Kwame
Affiliated Interests Ceo
see above
Editor-In-Chief
Missing Data
Affiliated Interests Editor-In-Chief
Missing Data
Other Important People
Ernest Ofori Sarpong
Affiliated Interests other important people
Ernest Ofori Sarpong has co-partnered in setting up UTV Ltd, which is currently He is co-owner of Paradise Vision Estate Limited.
Contact
Paradise Vision Estates Ltd.;Box 17470, Accra;Tel.: 0302406767;Website: okayfmonline.com
Financial Information
Revenue (in Mill. $)
Missing Data
Operating Profit (in Mill. $)
Missing Data
Advertising (in % of total funding)
Missing Data
Market Share
Missing Data
Further Information
Meta Data
GeoPoll. Radio Audience Share (Jan-March 2017).
No public profile was available at the Registrar General’s Department.
