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., hailed the 100% tax deduction for corporate donations as a “powerful and strategic enabler” that can drive sustained private sector engagement in the Fund’s mission.
Mr. Edusei Jnr. 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, 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 aims to strengthen the Fund’s efforts to assist Ghanaians battling chronic non-communicable diseases such as dialysis and cancer care, which often place severe financial strain on families.
The Administrator of the Fund, Adjoa Obuobia Darko-Opoku, expressed deep appreciation for the contribution, noting that the operations of the Fund are highly capital-intensive and rely on corporate participation to remain sustainable.
She highlighted that government policy, such as the tax deduction, is crucial for encouraging broad 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 example with a substantial initial donation and a commitment to monthly contributions, Safebond Africa has challenged other corporate entities to follow suit.
The message is clear: when structured incentives align with corporate social responsibility, private sector action can save lives at scale.