Corporate Ghana has been presented with a renewed incentive to actively support life-saving healthcare interventions, and Safebond Africa Limited is already leading the charge.
The Group Executive Chairman of Safebond Africa Limited, Krobo Edusei Jnr., has described the newly introduced 100 percent tax deduction for corporate donations to the Ghana Medical Trust Fund (GMTF) as a game-changing catalyst capable of unlocking significant private sector support.
Mr. Edusei Jnr. made the remarks when he led a delegation from the company to the Secretariat of the Fund to present a cheque for GH¢100,000 in support of the Trust Fund’s ongoing Kyɛrɛ Wo Dɔ (Show Your Love) Drive.
“Tax Deductible? Then We Can Do This Monthly”
For the Safebond Africa boss, the policy goes beyond fiscal reform — it is a practical enabler of sustained corporate philanthropy.
“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 stated.
According to him, the assurance that contributions are fully tax deductible makes consistent, long-term support feasible.
“If it is tax deductible, then we can continue on a monthly basis to support the Trust Fund. 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 added.
His remarks point to what could signal a shift in corporate giving — where structured government incentives align with social responsibility to deliver measurable impact.
The Ghana Medical Trust Fund was established to provide financial assistance to Ghanaians battling chronic non-communicable diseases, including kidney failure and cancer, where treatment costs are often prohibitive.
Medical interventions such as dialysis, chemotherapy, and other specialized treatments remain capital-intensive, frequently pushing families into severe financial distress. Sustained funding, therefore, remains critical to the Fund’s life-saving mandate.
Receiving the donation, the Administrator of the Fund, Adjoa Obuobia Darko-Opoku, expressed profound appreciation to Safebond Africa for what she described as a timely and impactful contribution.
“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 noted.
She explained that the tax incentive policy was deliberately crafted to attract stronger private sector participation and ensure the sustainability of the Fund’s operations.
As the Kyɛrɛ Wo Dɔ Drive gathers momentum, the collaboration between public policy and private initiative is beginning to take shape.
With GH¢100,000 already committed and a pledge of possible monthly support, Safebond Africa Limited has set a benchmark for corporate citizenship.
The question now confronting Corporate Ghana is clear: will others rise to the occasion and match the call to save lives?
