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Court declines to stay order barring sale of State assets

President William Ruto at Ngarachi Comprehensive School in Laikipia West during the beginning of his tour of the Mt. Kenya region on April 1, 2025. [Kipsang Joseph, Standard]

The Court of Appeal has declined to suspend a High Court judgement that blocked the sale of parastatals, dealing a major blow to the Kenya Kwanza administration.

The government, led by President William Ruto, had sought to privatise 11 state-owned enterprises, arguing that they were either loss-making or placing a financial burden on the exchequer.

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