Audio By Carbonatix
The Administrator of the Ghana Sports Fund (GSF), Dr David Kofi Mawuvi Wuaku, has called on corporate Ghana to step up financial support for the development of sports across the country.
Speaking in an interview with Myjoyonline at the 2026 Kwahu Business Forum, held from 3rd to 5th April at the Kwahu Convention Centre in Abetifi in the Eastern Region, Dr Wuaku emphasised the critical role of private sector contributions in sustaining sports growth.
He explained that the GSF is mandated to mobilise and manage resources to support athlete welfare, grassroots development, sports infrastructure, capacity building, and high-performance preparation.
According to him, increased support from businesses will help establish a dependable funding base to enhance recognised sporting disciplines nationwide, moving beyond inconsistent funding patterns.
Dr Wuaku further assured the public that all donations will be publicly disclosed to promote transparency and accountability in the management of the Fund.
Established under the Ghana Sports Fund Act, 2025 (Act 1159), the initiative provides a permanent statutory financing mechanism dedicated to sports development, infrastructure, and athlete welfare.
The Fund represents a shift from ad hoc government allocations to a more sustainable, multi-source financing model backed by government, corporate institutions, and private contributors.
Funding sources include statutory allocations, corporate donations, and potential levies, with the National Investment Bank (NIB) already contributing an initial GH¢100,000.
Dr Wuaku noted that individuals and organisations can make contributions to the Fund through designated banks, including NIB, GCB Bank, and United Merchant Bank (UMB).
Latest Stories
-
South Africa dump site collapse kills 14 suspected illegal miners
2 hours -
Thailand suspends new gun permits after mass shooting
2 hours -
France bans unsolicited telemarketing calls
2 hours -
Anne Hathaway pokes fun at ‘fake baby bump’ theories
2 hours -
The Office actress Lucy Davis says she has ‘incurable’ cancer
2 hours -
Pogba expected to have Monaco contract terminated
2 hours -
Doku ‘not against’ journalist who criticised him at World Cup
3 hours -
Obuasi court remands 2 teachers over alleged attack on SHS headmaster
3 hours -
Mason jailed eight years for robbing pharmacistÂ
3 hours -
Big Push probe: Presidential staffer challenges Fourth Estate’s report on Valerie Sawyerr committee
3 hours -
Since Gold Coast, national security has never faced an open trial – Atta Akyea
3 hours -
This is no case for junior lawyers – Atta Akyea explains why he must defend Adu-Boahene
3 hours -
Lebanon parliament votes to abolish death penalty
3 hours -
Ghana, Burkina Faso sign defence pact to secure cross-border trade corridors
4 hours -
The rise of AI in the classroom: Balancing technological innovation with critical thinking
4 hours