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.

However, Justices Fred Ochieng, Weldon Korir and Joel Ngugi ruled that the National Assembly and its Speaker, Moses Wetang'ula, had not presented compelling evidence of public interest to justify the request.

The judges also noted that the applicants had failed to demonstrate how the appeal would be rendered futile without a suspension of the judgement, or how the decision would negatively impact Kenya's public finances.