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The Rise And Fall Of Deacons

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T he top 10 shareholders in troubled fashion retail chain Deacons East Africa have lost Sh1.2 billion in paper wealth since the firm’s July 2016 listing at the Nairobi bourse, reflecting the heavy price of keeping faith in the company as it slid into administration and suspension from the trading floor. The company’s O

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T he top 10 shareholders in troubled fashion retail chain Deacons East Africa have lost Sh1.2 billion in paper wealth since the firm’s July 2016 listing at the Nairobi bourse, reflecting the heavy price of keeping faith in the company as it slid into administration and suspension from the trading floor. The company’s O

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