THE NEW TIMES CORPORATION (NTC), formerly known as THE GUINEA PRESS LIMITED, was established by the first President of Ghana, the late President Kwame Nkrumah, in 1957, as the printing house for his political party – THE CONVENTION PEOPLE’S PARTY (CPP).
After the overthrow of the late President in a military putsch in 1966, THE GUINEA PRESS was taken over as a state property by NLCD (National Liberation Council Decree) 130 of 1968.
In 1971 the PRESS was transformed into THE NEW TIMES CORPORATION by an Instrument of Incorporation – Act 363, 1971, which also repealed THE NATIONAL NEWSPAPERS (GUINEA PRESS LIMITED – INTERIM RECONSTITUTION DECREE) which acquired it as state property. That Act was given further recognition by the provision of PNDC Law 42.
OBJECTIVES OF THE CORPORATION
Act 363 of 1971 authorized the Corporation to, among others, carry out business as:
Newspaper and general printers and publishers
Advertisers and advertising agents and contractors
Other business as may be conveniently or profitably carried out therewith, or as may enhance the value of any of the Corporation’s property
To manufacture and deal in all kinds of articles and things required for the purpose of any such business.
It was also to collect and disseminate news and information, employ correspondents, authors, writers and others, and to pay for news and information however, obtained.
The CORPORATION’S MISSION STATEMENT is as follows:
To become one of the best and the most profitable publishers and printers with a major impact on socio-economic development of Ghana; employing experienced, motivated, and dedicated workforce; optimizing the use of available technology, and always ensuring customer satisfaction and growth.
Thus, the Corporation will remain dedicated to informing and educating of Ghanaian public in a manner that is worthy of responsible journalism while ensuring that government policies and programmes are effectively communicated to the Ghanaian citizen to facilitate national development.
The Corporation will improve the quality of all its products especially to enable the Commercial Printing Department to make a greater contribution to corporate revenue.
Underlying all these would be the pressing need to be commercially viable in all its business activities and administrative efficiency in all its operations.
In the direction of the above, the NTC will seek to diversify and expand its products and contents of its publications through the application of literary and graphics creativity in its writings and products presentation styles so as to meet the changing tastes and preferences of Ghanaians.
It will seek to upgrade the level of its technology. Management shall consciously introduce and enforce prudent and generally acceptable policy standards and operational procedures through organizational restructuring, the recruitment and retention of well-qualified and experienced personnel as well as prospecting and pursuing new opportunities.
MANAGEMENT OF THE CORPORATION
Currently, the Corporation is governed by a nine-member Board of Directors who are appointed by THE NATIONAL MEDIA COMMISSION in consultation with the President of the Republic of Ghana.
The day-to-day administration of the Corporation is, however, in the hands of a Management team made up of the Heads of its six main departments.
The departments are the following:
When it was first established, THE GUINEA PRESS went into the publication of newspapers in early 1958; and, in an effort to find suitable names for the newspapers; it started with THE GUINEA TIMES, through THE GHANA STAR, and, THE EVENING NEWS – as dailies. Later, THE WEEKLY SPECTATOR and THE GHANAIAN, a monthly magazine, were added. The first publication of THE GUINEA PRESS, christened THE GUINEA TIMES, came out on 3rd March, 1958.
Today, THE NEW TIMES CORPORATION publishes two dailies, The Ghanaian Times and one weekly, The Spectator and a Sports paper The Sporting Times.
The Evening News, a daily afternoon paper, now defunct, which was also published during weekdays
This Department was set up principally to print books in the local languages of Ghana. Now, it is one of the few printing houses capable of setting literature in all the local languages of the country. Its products vary and are numerous. It ranges from textbooks, magazine, journals, fiction, exercise books, office stationery, Invoice and Receipt Books, note books, jotters, waybills brochures, invitation cards, wedding cards, funeral, concert posters, containers and wrappers of all kinds.
One of the mainstays of the Department is the production of exercise books for schools. In 1995 for example, the Department was one of the few printing houses selected by the Ministry of Education to print textbooks for primary education in the country.
These activities, especially, the printing of exercise books and textbooks, contribute immensely towards the development of education in Ghana.
The Corporation is heavily dependent on imported raw materials for its operations. It uses various types of ink and paper, the latter ranging from newsprint, bond paper, chromocote, eggshell, label paper, strawboard and to others. In all, newsprint forms 70% of the Corporation’s requirements.
To ensure wider circulation and effective distribution of newspapers, as well as news coverage, regional offices under the supervision of Regional Managers and Regional Editors have been established in all the regional capitals of the country.
The locations of the regional offices are:
Region Town Location
Ashanti – Kumasi Top Floor of SSB Bank, Adum.
B/Ahafo – Sunyani Opposite CMB Building
Central – Cape Coast 2nd Floor, GCB Building.
Eastern – Koforidua 2nd Floor, Inform. Building.
Northern – Tamale 3rd Floor, GCB Building.
U/East – Bolgatanga Ground Floor, Inform.Serv.Bdg.
U/West – Wa The Ministries – 4th Floor
Volta – Ho Ghana News Agency Building.
Western – Takoradi Opp. Ghana Comm. Bank
(Main) Building Harbour Road.
In the brightly recollected space of bygone years, the NTC was selling not less than 120,000 copies of its Ghanaian Times a day.
However, with the proliferation of newspapers on the news-stand, its market share which stood at 45 per cent for the Ghanaian Times and 65 per cent for the Weekly Spectator has now reduced to 35 per cent for Ghanaian Times and 50 per cent for the Weekly Spectator.
ACQUISITION OF EQUIPMENT
To keep pace with developments in Information, Communication and Technology, in the publishing and printing industry, the Corporation has acquired the following machines and equipment:
One PLANETA machine (one-colour) for commercial printing jobs.
One POLYGRAPH WEB-OFFSET RO.72 machine for newspaper printing
Two LINOTRON 202 photo-setting equipment complete with all accessories
One PLATE-MAKING Machine
One PLATE PROCESSOR
One KLIMSCH VERTICAL 56 03 Machine.
12 FAX Machines
Several computers for all departments.
MEDIUM TERM PROGRAMME
In the next few years, the Corporation intends to consolidate its colour printing activities and also break new ground in addition to the printing of exercise books which is being done in earnest.
In this respect, proposals are far advanced for the acquisition of:
One 4-colour Offset Printing Machine
One full-colour web-offset machine for newspaper printing
One Exercise Book Printing Machine
One Ticket Printing Machine
The Corporation has an animated relationship with all the sister para-statals (Graphic Communication Group Limited, Ghana Broadcasting Corporation, Ghana News Agency, Ghana Malaysia Media Systems and National Film and Television Institute) which all fall under the Ministry of Information, and has often enjoyed assistance from them when the need arises and vice versa.
It has over the years relied on the Ghana News Agency (GNA) for the supply of news and this fruitful intercourse is expected to continue for a long time to come.
CURRENT BOARD MEMBERS
Underlisted are the present board memmbers of the corporation
1. Prof.Kwame Boasiako Omane-Antwi – Chairman
2. Rose Margaret Kpodo – Vice Chairman
3. Ms. Carol Annang
3. Mr.Isaac Fritz Andoh
4. Charles Van Dyck
6. Mr. Douglas Djarbeng
7. Mrs. Ivy Ruby Austin
Ms. Carol Annang
EDITORS OF NTC’S NEWSPAPERS
1. Mr Dave Agbenu , Editor – Ghanaian Times
2. Mrs. Tina Aforo-Yeboah , Editor – The Spectator