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Graphic Communications Group Limited

Graphic Communications Group Limited

The Graphic Communications Group Limited (GCGL) is a state-owned registered media company in Ghana with dominance in the print media. Its online platform – graphiconline.com - is a relatively new addition to the group’s line of production.

The Daily Graphic is the flagship newspaper of the company and commands the largest readership base in the country – an audience share of 36.25% (2,290,000 readers – Q1 2017), according to GeoPoll, a mobile survey provider.

The GCGL runs a chain of newspapers under the group - Daily Graphic, Junior Graphic, The Mirror, Graphic Business, Graphic Sports and Graphic Showbiz, Graphic Youth World.

The Ministry of Finance is registered as owner of the company, according to the Registrar General’s Department official company documents. GCGL has in fact always been in the hands of the state since its inception. It was established in 1950 in the then Gold Coast by the Daily Mirror Group from the United Kingdom. The most significant change has not necessarily been in change of ownership rather the change of business form. Though established as a corporation it became a limited liability company in 1999 under the companies Code, 1963, Act 179.

Key facts

Mother Company

State

Business Form

Private

Legal Form

state-owned enterprise (SOE)

Business Sectors

The Graphic Communications Group Limited is a state media entity, only operating as publishing house.

Ownership

Ministry of Finance

Graphic Communication Group Limited is registered with State Enterprises Commission Ghana (SECG) as a State-Owned Enterprise (SOE). According to the Registrar General's company profile, it is owned by the Ministry of Finance.

100%
Other Media Outlets

Other Print Outlets

Daily Graphic

Other Online Outlets

graphiconline.com

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

1950

Founder

Daily Mirror Group, UK

Affiliated Interests Founder

Founded by Daily Mirror Group UK, with Cecil King Jnr as the first head of the company.

Employees

388

Contact

Graphic Communications Gruop Ltd.;P.O.Box GP 742, Accra;Graphic Road 3, Adabraka, Accra

Tax/ ID Number

C0003946169

Financial Information

Revenue (Financial Data/ Optional)

GHS 63.21 million / USD 14.44 million (2015)

Operating Profit (in Mill. $)

GHS 1.48 million / USD 338.000 (2015)

Advertising (in % of total funding)

GHS 37.93 million / 8.7 million USD (60% of total revenue, 2015)

Management

Executive Board

Kwame Boasiako Omane-Antwi

Non-Executive Board

Missing Data

Supervisory Board

Missing Data

Further Information

Active Transparency

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

4 ♥

Meta Data

Company information on shareholding based on data from the Registerer General's Department. And since the Graphic Communication Group Limited is state-owned any further information were provided online by the company.

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