GMTF Administrator, Adjoa Obuobia Darko-Opoku (L) and Krobo Edusei Jnr
Corporate Ghana has received a strong incentive to support life-saving healthcare initiatives, with Safebond Africa Limited taking the lead through a generous contribution to the Ghana Medical Trust Fund (GMTF).
The company’s Group Executive Chairman, Krobo Edusei Jnr., described the 100 percent tax deduction for corporate donations as a “powerful and strategic enabler” capable of driving sustained private-sector engagement in the Fund’s mission.
Edusei led a delegation to the GMTF Secretariat to present a GH¢100,000 donation in support of the Fund’s ongoing “Kyɛrɛ Wo Dɔ” (“Show Your Love”) initiative.
He emphasised that the tax incentive transforms giving from a one-off gesture into a practical and repeatable commitment.
“If it is tax-deductible, then we can continue monthly to support the Trust Fund. This is very welcoming and motivates sustained corporate involvement,” he stated.
The donation is intended to strengthen the Fund’s efforts to assist Ghanaians battling chronic non-communicable diseases such as kidney failure requiring dialysis and cancer, conditions that often place severe financial strain on families.
The Fund’s Administrator, Adjoa Obuobia Darko-Opoku, expressed deep appreciation for the contribution, noting that the operations of the Trust Fund are highly capital-intensive and depend significantly on corporate participation to remain sustainable.
She highlighted that supportive government policies, including the tax deduction incentive, are crucial for encouraging broader private-sector engagement.
“All activities of the Trust Fund require significant resources. Support from corporate Ghana, beyond funds earmarked by the state, is what will make this initiative truly successful,” she explained.
By setting the pace with a substantial initial donation and a commitment to monthly contributions, Safebond Africa has challenged other corporate entities to follow suit.
The message, the company noted, is clear: when structured incentives align with corporate social responsibility, private-sector action can help save lives at scale.
Source:
www.ghanaweb.com