Corporate Ghana has been handed a compelling reason to step forward in support of life-saving healthcare, and the leadership of Safebond Africa Limited is already setting the pace.
The Group Executive Chairman, Krobo Edusei Jnr., has described the 100% tax deduction granted to corporate bodies that donate to the Ghana Medical Trust Fund (GMTF) as a powerful and strategic incentive capable of unlocking massive private sector support for the Fund’s life-saving mandate.
Mr. Edusei Jnr. made the remarks when he led a delegation from Safebond Africa Limited to the Secretariat of the Trust Fund to present a generous donation of GHC100,000 in support of the Fund’s ongoing Kyɛrɛ Wo Dɔ (Show Your Love) Drive.
“Tax Deductible? Then We Can Do This Monthly”
For the Safebond Africa boss, the tax incentive is more than policy; it is a practical enabler.
“We consider ourselves privileged because our President, in his wisdom, has decided to intervene in making healthcare more accessible to Ghanaians. It is something we find very laudable. And more importantly, for us businessmen-tax deductibles mean a lot,” he noted.
He emphasized that the assurance of tax deductibility makes sustained giving not only possible but practical.
“If it is tax deductible, then we can continue on a monthly basis to support the Trust Fund. I don’t want to say we are over-generous, but because the President and the Minister of Finance have said that if we want this project to succeed and if we want the private sector to support, we must also give them an incentive, so that is very welcoming,” he reiterated.
His comments signal what could become a major shift in corporate philanthropy where structured incentives meet social responsibility to drive long-term impact.
A Boost for the Fight Against Chronic Diseases
The Ghana Medical Trust Fund was established to support Ghanaians battling chronic non-communicable diseases whose treatment costs often push families into financial distress. With medical interventions such as dialysis, cancer care, and other specialized treatments being capital-intensive, sustained funding remains critical.
Receiving the donation, the Administrator of the Fund, Adjoa Obuobia Darko-Opoku, expressed profound gratitude to Mr. Edusei Jnr. and his team for what she described as a timely and impactful gesture.
She underscored that the operations of the Trust Fund are highly capital-intensive and cannot rely solely on state allocations.
“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 stated.
According to her, the tax incentive policy is a deliberate strategy to encourage broader participation from the private sector and ensure the sustainability of the Fund’s life-saving interventions.
A Call to Corporate Ghana
The Administrator used the occasion to call on corporate institutions across the country to emulate the example set by Safebond Africa Limited.
As the Kyɛrɛ Wo Dɔ Drive gathers momentum, the message from both the private sector and the Trust Fund is clear: when government policy aligns with corporate goodwill, lives can be saved at scale.
With a GHC100,000 donation already on the table and a commitment to monthly support, the challenge has now been thrown to corporate Ghana: will others follow suit?
