Safebond Africa Donates GH₵100,000 to Medical Trust Fund

The Group Executive Chairman of Safebond Africa Limited, Krobo Edusei Jnr., has donated GHC100,000 to the Ghana Medical Trust Fund (GMTF), popularly known as ‘Mahama Cares’ and praised the government’s 100 per cent tax deduction policy for corporate contributions to the Fund.

Mr. Edusei Jnr. described the tax incentive as a strategic intervention capable of unlocking sustained private sector support for life-saving healthcare initiatives.

He made the remarks when he led a delegation from the company to the Secretariat of the Fund to present the cheque in support of its ongoing Kyɛrɛ Wo Dɔ (Show Your Love) fundraising drive.

According to him, the tax-deductible status of donations makes it practically feasible for companies to commit to long-term support.

“We consider ourselves privileged because our President, in his wisdom, has decided to intervene in making healthcare more accessible to Ghanaians. It is laudable. And more importantly, for us businessmen, tax deductibles mean a lot,” he said.

He added that the incentive could enable the company to provide monthly support to the Fund.

“If it is tax deductible, then we can continue on a monthly basis to support the Trust Fund. 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 stated.

The Ghana Medical Trust Fund was established to assist Ghanaians battling chronic non-communicable diseases, including conditions that require costly treatments such as dialysis and cancer care.

The Fund aims to ease the financial burden on patients and families who often struggle to afford long-term medical interventions.

Receiving the donation, the Administrator of the Fund, Adjoa Obuobia Darko-Opoku, expressed gratitude to the company for what she described as a timely contribution.

She noted that the operations of the Fund are 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 said.

Mrs. Darko-Opoku explained that the tax incentive policy was deliberately introduced to encourage broader private sector participation and ensure the sustainability of the Fund’s interventions.

She urged other corporate institutions to emulate the example set by Safebond Africa Limited as the Kyɛrɛ Wo Dɔ Drive gathers momentum.

With GH₵100,000 already committed and a pledge of monthly support, attention now turns to whether more companies will respond to the call to back the Fund’s life-saving mandate.