Audio By Carbonatix
Deputy Finance Minister and Chairman of the Black Stars World Cup 2026 Fundraising Committee, Thomas Nyarko Ampem, has received GH¢8,750,000 from three more companies to support Black Stars World Cup 2026 campaign.
The latest donation from Stanbic Bank, OmniBSIC and Newmot Ghana means the committee has received a total of about GH¢45,683,000 in donations within the last three weeks.
Speaking at the Ministry of Finance on Thursday, May 6, 2026, during another round of donations, the Deputy Minister expressed gratitude to corporate institutions that have responded to the national appeal.
“I want to welcome all of you to today’s edition of donations. We are happy to have Stanbic Bank here to do the symbolic presentation,” he said.
According to him, some institutions had also transferred funds directly into the official account established for the fundraising exercise.
“Today, we want to acknowledge some of our proud donors to support the Black Stars participation in the 2026 World Cup campaign. We have received GH¢250,000 from OmniBSIC Bank, and we have also received an amount of $500,000 from Newmont Ghana, and we just received GH¢3 million from Stanbic Bank,” he announced.
He thanked the institutions for responding positively to the campaign and disclosed that more organisations are expected to contribute in the coming weeks.
“As we said, every Thursday we'll be here to receive donations and we already have signals that a number of other banks are also coming and some other institutions, and so on behalf of the committee, we want to thank you sincerely for responding to the national call to support our national team,” he added.
Mr. Ampem also encouraged more companies to support the initiative, explaining that donations made towards the campaign are tax deductible under Section 100 of Ghana’s Income Tax Act.
“I want to say that under Section 100 of the Income Tax Act, this donation is tax deductible, and so you have the opportunity to deduct that, so the full effect of that will not be on you,” he stated.
He further explained that sports development and promotion are recognised under the law as worthwhile causes approved by government.
“So this is to tell all Ghanaian institutions that you are welcome to donate and under income tax law contributions and donations to a worthwhile cause… Section 2(d) is sports development or sports promotion. And what you are doing is to promote sports,” he said.
Mr. Ampem added that donor institutions would receive acknowledgement letters to assist them when filing taxes with the Ghana Revenue Authority.
“And so we'll give you an acknowledgement letter, and when you are filing your taxes, you can use that to assist GRA to recognise it accordingly.
“So thank you and God bless Stanbic Ghana and all the other institutions that have responded today,” he concluded.
Latest Stories
-
I authorised OSP to prosecute cases – Former AG Godfred Dame
8 minutes -
EOCO declares three women wanted over alleged financial loss to state
21 minutes -
2025 WASSCE results decline due to lack of clear education formula — Dr Osei Adutwum
24 minutes -
Ghana’s governance transition system is one of the poorest globally — Dr Osei Adutwum
27 minutes -
“Do Africans Live on Trees?” — Dr Osei Adutwum recalls facing stereotypes while teaching in America
30 minutes -
East Gonja: Tipper truck accident kills 4, one critically injured at Kinkinlin near Makango
36 minutes -
Reposition TVET to drive SME growth and youth employment — Development Expert
36 minutes -
A stranger’s kindness helped my brother reach Germany and opened my path to America — Dr Osei Adutwum
38 minutes -
Gender Ministry monitors North Legon child abuse case, says victim is responding to treatment
43 minutes -
Free SHS remains free – GES rejects claims of GH¢1,700 feeding fee
46 minutes -
Microsoft executive, Ashesi University co-founder praises Ghana for One Million Coders initiative
48 minutes -
NPP condemns attacks on Kufuor, urges NDC to rein in Kevin Taylor
52 minutes -
Volta REGSEC suspends reopening of Ho Central Mosque over security concerns
54 minutes -
Grueter shines as 120 golfers compete at 3i Africa Summit Invitational in Accra
1 hour -
US to revoke passports of parents with child support debt
1 hour