Metro Mass Transit Limited was officially incorporated in 2003. The shareholders include the SIC Insurance Company, National Investment Bank, Ghana Oil Company, Agriculture Development Bank, Prudential Bank Limited and Social Security and National Insurance Trust. These together have 55% shareholding. The Government of Ghana holds the remaining 45% shares.
Public bus companies have operated in Ghana since the Ominibus Service Authority (OSA) started its operations in 1927. The OSA contributed a lot to the Ghanaian society in terms of public transport. However, OSA’s assets were divested in 1995.
Metro Mass Transit (MMT) arose from an idea from President John Kufuor who spoke of the need of introducing a mass transit bus system in the cities of Ghana at his inauguration speech on 7 January 2001.
President Kufuor directed the re-introduction of public mass transport in the metropolitan and municipal areas to ensure the safe, affordable, efficient and reliable transport of commuters. Since then, the government has been actively promoting public mass transportation.
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