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Deacons East Africa creditors vote to keep the company under administration

Deacons East Africa creditors vote to keep the company under administration

Struggling fashion retailer Deacons East Africa, has survived liquidation after the company's creditors voted in favour of the administrators' proposals to keep it under administration. But as Victor Kiprop reports, the fashion company may not be out of the woods just yet as it awaits a critical capital injection from its shareholders.

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