Osei Kwame Despite: A closer look at all the major businesses owned by the millionaire

Osei Kwame Despite: A closer look at all the major businesses owned by the millionaire

- Dr. Osei Kwame Despite is the Chief Executive Officer of Despite Group of Companies

- From a petty trader, music cassettes dealer, padlocks, baby feeding bottles and other merchandise, Osei Kwame Despite is now an accomplished millionaire

- YEN.com.gh features the major businesses of the Ghanaian business titan

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Ghanaian business and media titan, Osei Kwame Despite is one of the country’s most accomplished entrepreneurs with thriving businesses.

Born on February 2, 1962, Despite had a difficult childhood while growing up because his immediate family was financially incapacitated at the time.

Osei Kwame Despite was compelled to live a horse-like life, starting his career as a petty trader, dealing in music cassettes, padlocks, baby feeding bottles and other merchandise at Dunkwa-Offinso.

The native of Agona Wiamoase in the Ashanti region struggled for years in the village before he joined some friends to seek greener pastures in Nigeria.

However, Despite’s dream to make it outside the country was truncated when he together with over 1 million Ghanaians were expelled and deported back to the country following and presidential executive order, which birth the term "Ghana must go".

READ ALSO: Ghana flag stays in space after return of former female Legon student (video, photos)

Despite started a timber contracting business but it collapsed after timber fell and damaged his chainsaw during one of his trips into the forest.

A determined Osei Kwame became more resilient to achieve success and diversified with Despite Stores, marketing and distributing audio cassettes across the country.

And that was the beginning of his breakthrough and has over the years built Despite Stores into the Despite Group of Companies, one of the largest conglomerates in Ghana.

1. Finance

Best Point Savings & Loans Limited

2. Real Estate & Construction

Special Investment Company Limited

3. Media

Radio Stations – Peace FM, Okay FM, Asomdwie FM, Neat FM, and Hello FM.

4. UTV

5. Despite Music Production Limited

6. Despite Digital Limited

7. Food & Beverages

9. Neat Foods Company Limited

The makers of This Way Chocolate Drink, This Way Motherlac, Smart Tea, This Way Coffee.

10. Atona Foods Ltd.

11. Mining

U2 Company Limited

Production of Allied Products, Stone Quarry, Fertilizer Production, Food Processing, Cable and Wire Manufacturing.

In other stories, YEN.com.gh reported that Christina Hammock Koch, an American astronaut has returned home after spending 328 days in space and made history with multiple records for women in space.

She finished the longest single spaceflight by any woman and conducted the first-ever all-female spacewalk with fellow astronaut Jessica Meir.

In a post on Twitter in December 2019, Koch shared her experience and time spent in Ghana 20 years ago and thanks to her, Ghana’s flag was captured from her crew cabin in outer space.

READ ALSO: Ghana flag stays in space after return of former female Legon student (video, photos)

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Source: YEN.com.gh

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