{"id":975855,"date":"2022-02-04T09:12:42","date_gmt":"2022-02-04T09:12:42","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/02\/04\/forget-about-what-you-see-this-is-where-despite-makes-most-of-his-riches-revelation-to-show-off\/"},"modified":"2022-02-04T09:12:42","modified_gmt":"2022-02-04T09:12:42","slug":"forget-about-what-you-see-this-is-where-despite-makes-most-of-his-riches-revelation-to-show-off","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/02\/04\/forget-about-what-you-see-this-is-where-despite-makes-most-of-his-riches-revelation-to-show-off\/","title":{"rendered":"Forget about what you see. This is where Despite makes most of his riches (revelation), to show off"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<p><strong>February 4, 2022<\/strong><\/p>\n<p><strong style=\"color: rgba(0, 0, 0, 0.87);\">Thanks for choosing Quik.news!\u00a0Never miss any news update from our channel.\u00a0Kindly tap on the +Follow button on your screen to follow Quik.news. <\/strong><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/02\/e5a8cbb17d584baf85b10f824668ca9f\"\/><\/p>\n<h2><strong style=\"color: rgba(0, 0, 0, 0.87);\">Early Life<\/strong><\/h2>\n<p>Dr Osei Kwame Despite was born on the 2nd day of February 1962 in Agona Wiamoase -Ashanti Region of Ghana. He started life as a petty trader who sold music cassettes, feeding bottles, padlocks, and other goods at Dunkwa-Offinso in the Central Region of Ghana. After many years of struggle to make it in life in the village, he migrated to Lagos, Nigeria with his colleagues to search for greener pastures.\u00a0<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/02\/a8e96898952b401b928d3be3fa8a0a9d\"\/>During 1983, he was part of the many Ghanaian immigrants who fled due to the political tension in Nigeria. He came back home to Ghana with one chainsaw in the hope to start a business with it. Unfortunately for him, a tree fell on the machine and crushed it on his first business trip killing that dream. Undeterred by this circumstance, he started selling music cassettes again(a distribution  where he distributed local musicians\u2019 songs to all parts of the country) until he diversified his business. He showed his support for the local music industry which was formally declined. He saw an opportunity and created a radio station known as Peace Fm which primarily used and still use the Akan language to broadcast its shows. This move helped him because most radio listeners preferred to listen to the 104.3 frequency than those that were broadcasting in the Queen\u2019s language.\u00a0<\/p>\n<p><strong>Founding Year &#8211; <\/strong>1997<\/p>\n<p><strong>Founder &#8211; <\/strong>Dr Osei Kwame Despite<\/p>\n<p><span style=\"color: rgba(0, 0, 0, 0.87);\">Dr Osei Kwame Despite is the founder and CEO of <\/span>Despite Group of Companies (DGC). The  started as Despite Stores that marketed and distributed audio cassettes across the country. The business grew over the years by setting up its nowadays popular radio station \u2013 Peace FM.\u00a0<\/p>\n<p>The success of Peace FM set the pace for the opening of other radio stations under the group name Despite Group of Companies (DGC). Today the DGC operates three radio stations in Accra, one in the Ashanti region and dozens of affiliates across the length and breadth of the country.<img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/02\/a6245b969ce44160ad0766336a8380a6\"\/><\/p>\n<p><span style=\"color: rgba(0, 0, 0, 0.87);\">He believed that his efforts in forming the radio stations would be instrumental in educating the masses thus will play a role in ensuring that the community stayed informed and updated.\u00a0<\/span><\/p>\n<p><strong>TV Outlets &#8211; United Television (U<\/strong>TV)<\/p>\n<p><strong>Radio Outlets &#8211; P<\/strong>eace FM &#8211; Frequency (MHz) 104.3<\/p>\n<p>Okay FM &#8211; Frequency (MHz) 101.7<\/p>\n<p>Neat FM &#8211; Frequency (MHz) 100.9<\/p>\n<p>Hello FM &#8211; Frequency (MHz) 101.5<\/p>\n<p><strong>Online Outlets<\/strong> &#8211; peacefmonline.com<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/02\/6410f6c055464e89b93330f512fa498e\"\/><\/p>\n<p><span style=\"color: rgba(0, 0, 0, 0.87);\">Dr Osei Kwame Despite owns Neat Foods Company Limited which produces and markets NEAT Fufu, NEAT Banku, NEAT Abenkwan, NEAT Hausa Koko, NEAT Dairy Products; and Atona Foods (Makers of This Way Chocolate Drink and This Way Motherlac and other products).<\/span><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/02\/6c03643183bc4de5882513ac132c36f7\"\/><\/p>\n<p>He also owns 50% shares in Despite Group&#8217;s daughter  &#8211; U2 Company Limited, which runs UTV. He also operates companies in the food business.<\/p>\n<p><span style=\"color: rgba(0, 0, 0, 0.87);\">Due to his relentless nature and his need to create more opportunities for Ghanaians, he was able to establish other businesses. <\/span><\/p>\n<p><strong>Finance &#8211; <\/strong>Special Investment Company Limited<\/p>\n<p>Best Point Saving and Loans<\/p>\n<p><strong>Food &amp; Beverages<\/strong><\/p>\n<p><span style=\"color: rgba(0, 0, 0, 0.87);\">Despite presently has other business interests  Neat and Atona food processing companies, distributors of a range of staple food products and dairy food products on the Ghanaian market.\u00a0<\/span><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/02\/4e34077acde74316b467abbf9befba5b\"\/><\/p>\n<p>Atona food production &#8211; This Way Chocolate Drink<\/p>\n<p>Neat Foods Company Limited &#8211;<\/p>\n<p>NEAT Fufu<\/p>\n<p>NEAT Banku<\/p>\n<p>NEAT Abenkwan<\/p>\n<p>NEAT Hausa Koko<\/p>\n<p>NEAT Diary Products<\/p>\n<p>U2 Salt Limited<\/p>\n<p>Special Ice Company Limited<\/p>\n<p>Others &#8211; Despite stores<\/p>\n<h2><strong>Affiliated Interests of the Founder<\/strong><\/h2>\n<p>Despite also serves as a member of the Board of Directors of Best Point Savings and Loans Limited, a wholly Ghanaian owned savings and loans .<\/p>\n<p><strong>Executive Board<\/strong><\/p>\n<p>Fadda Dickson &#8211; is one of the Directors of Despite Group Limited. Fadda also doubles as the Director of Administration &amp; Finance at the media <\/p>\n<p>Kwasi Brenya &#8211; a former General Manager of the . Though deceased, remains one of the Directors of the <\/p>\n<p><strong>Other Influential People<\/strong><\/p>\n<p>Kwame Sefa-Kayi &#8211; is the host of the morning show on Peace FM, one of the media outlets run by the . He is one of the most decorated journalists in the country having won the Radio and Television Personality award on four consecutive occasions.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/02\/205f8ac3e28341159b3952dc0f2c531e\"\/><\/p>\n<p>Dr Osei Kwame Despite has been a relentless man since he was a young boy determined to make life better for himself, his family, and also his community as a whole. Never giving in to the harsh conditions life presented him with, he rose to the occasion to harness opportunities and also to create opportunities for his fellow countrymen.\u00a0<\/p>\n<p>He had an honorary award degree award from a British University. He had this degree based on his entrepreneurship efforts and not based on any academic effort. He has recently been adjudged the Social Entrepreneur of the Year at the Ghana Business Awards.\u00a0<img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/02\/ea6c0b25685447488b7cfe7145b20f5e\"\/><\/p>\n<p>Due to his relentless nature, he keeps on preserving, creating, learning, and planning to create more jobs for the teeming youth of the country. There is no stopping for him. And to all the ones who can relate to this story, you have to bear in mind that the road to your success story is never linear. It has its ups and downs but you have to be able to stand and work to embrace your destiny.<\/p>\n<p><strong>Please drop down all your comments in the section given below. <\/strong><\/p>\n<p><strong>Like this article and share it with others too.<\/strong><\/p>\n<p><strong>Follow Quik.news for more\u00a0quik\u00a0updates.<\/strong><\/p>\n<p><strong>Thanks for your time!<\/strong><\/p>\n<p>Content created and supplied by: Quik.news (via  Opera<br \/>\nNews )<\/p>\n<\/div>\n<p>\n<span class=\"content\">    ,  .   ,     .       () , , , , , , , , .      \/ ,  and\/or  .     ,  , and\/or  ,      and\/or     <\/span><br \/>\n<span class=\"see-more\"><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>February 4, 2022 Thanks for choosing Quik.news!\u00a0Never miss any news update from our channel.\u00a0Kindly tap on the +Follow button on your screen to follow Quik.news. Early Life Dr Osei Kwame Despite was born on the 2nd day of February 1962 in Agona Wiamoase -Ashanti Region of Ghana. He started life as a petty trader who [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":975856,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-975855","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-stories"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/975855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=975855"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/975855\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=975855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=975855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=975855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}