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HomeDaily NewsMonday, August 25, 2025Government Owes Hospitals KSh 76B as Medical Gas Sector Sees Profit and Investment - August 2025
Business & Economy3 stories from 1 sources

Government Owes Hospitals KSh 76B as Medical Gas Sector Sees Profit and Investment - August 2025

Private hospitals in Kenya are on the verge of financial collapse, with the government owing healthcare providers an astounding KSh 76 billion in unpaid bills. This debt was accumulated by the old National Health Insurance Fund (NHIF) and the new Social Health Authority (SHA), and it threatens patient access to care. In contrast, the medical gas sector is experiencing growth. BOC Kenya Plc reported its profit after tax soared by 170% to KSh 166.7 million in the first half of 2025, a result primarily fueled by increased demand for industrial and medical gases. Furthering investments in this area, HewaTele has secured US$ 10.5 million to build a new medical oxygen plant for East Africa.

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Monday 10:28 AMThe Kenyan Wall Street

BOC Kenya Half-Year Profit Jumps 170% as Demand for Medical Gases Lifts Sales

BOC Kenya Half-Year Profit Jumps 170% as Demand for Medical Gases Lifts Sales

BOC Kenya Plc reported a significant financial uplift in the first half of 2025, with profit after tax soaring by 170% to KSh 166.7 million, primarily fueled by increased demand for industrial and medical gases.

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Key Highlights

BOC Kenya Plc reported a significant financial uplift in the first half of 2025, with profit after tax soaring by 170% to KSh 166.7 million, primarily fueled by increased demand for industrial and medical gases.

  • Revenue increased by 38.5% year-on-year to KSh 724.9 million, driven by higher volumes and customer engineering projects.
  • Former chairman Kiuna Ngugi increased his stake in BOC Kenya to 17.91% in 2024 after successfully opposing a KSh 1.2 billion takeover bid.
  • The company's balance sheet showed growth, with total assets rising 19.2% to KSh 2.45 billion and equity up 12% to KSh 2.13 billion.
Monday 10:11 AMThe Kenyan Wall StreetFirst

HewaTele Secures US$ 10.5Mn to Build East Africa Medical Oxygen Plant

HewaTele Secures US$ 10.5Mn to Build East Africa Medical Oxygen Plant
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Key Highlights

HewaTele Limited, a Kenyan medical oxygen producer, has secured US$10.5 million from AfricInvest’s Transform Health Fund. This investment will fund the construction of a large-scale plant in East Africa capable of producing oxygen at 99.6% purity.

  • The new facility aims to produce 20 tonnes of medical oxygen daily and supply over 300 healthcare facilities across East Africa.
  • HewaTele was founded in 2014 by Dr. Bernard Olayo and operates plants in Siaya, Kisumu, and Nakuru.
  • This funding is part of a larger US$20 million package, supported by development financiers including the U.S. International Development Finance Corporation and Finnfund.
Monday 10:20 AMThe Kenyan Wall Street

Debts, Deletions, and Downgrades: Private Hospitals Bulk as SHA Withholds Billions

Debts, Deletions, and Downgrades: Private Hospitals Bulk as SHA Withholds Billions

Private hospitals in Kenya are on the verge of financial collapse, with the government owing healthcare providers an astounding KSh 76 billion in unpaid bills. This debt, accumulated by the old National Health Insurance Fund (NHIF) and the new Social Health Authority (SHA), threatens patient access and the promise of universal health coverage.

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Key Highlights

Private hospitals in Kenya are on the verge of financial collapse, with the government owing healthcare providers an astounding KSh 76 billion in unpaid bills. This debt, accumulated by the old National Health Insurance Fund (NHIF) and the new Social Health Authority (SHA), threatens patient access and the promise of universal health coverage.

  • Outstanding payments total KSh 76 billion: KSh 33 billion from NHIF arrears and KSh 43 billion in SHA reimbursements.
  • The Rural & Urban Private Hospitals Association of Kenya (RUPHA), representing over 700 facilities, stated no hospital has received payment despite a directive from President William Ruto.
  • The SHA has allegedly deleted over 10,000 inpatient beds and nearly 3,500 maternity beds from its portal, downgrading facilities and impeding reimbursements.
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