Kojo Dankwa Preko, President of the Foundation of Creative Arts Professionals (FOCAP), has shed some light on the challenges faced by aging entertainers in the creative art industry.
In a candid discussion with RGGNEWS, Mr Preko pointed to the lack of adequate support structures within the entertainment sector, particularly concerning the collection of royalties by Collective Management Organisations (CMOs) for musicians and actors.
Mr Preko emphasized that the current reliance on government levies for royalties is insufficient, leaving many veteran artists struggling financially.
He pointed out that demanding lifestyles and inadequate financial planning often contribute to their precarious financial situations.
Despite investments like property acquisitions, maintenance costs and insurance remain significant burdens for aging artists.
The passing of veteran Highlife Musician K.K Kabobo serves as a poignant reminder of the struggles faced by entertainers in their later years.
K.K. Kabobo’s passing underscores the urgent need for systemic changes within the industry to protect the welfare of its members.
For the industry, says Mr Preko, addressing issues such as informal sector taxation and access to healthcare and insurance for aging entertainers are of premium importance.
He emphasized the need for industry associations to advocate for their members’ interests effectively, citing past initiatives like the AMWEF program by the Musicians Union Ghana (MusiGa) that fizzled out due to lack of sustained support.
As the entertainment industry mourns the loss of a legend, the spotlight is now on implementing tangible solutions to support aging artistes and ensure their well-being in their twilight years.
