Five counties in Western Kenya want to transform the Mulembe Investments micro-finance institution into a regional people’s bank. Bungoma Governor Kenneth Lusaka said his colleagues Wycliffe Oparanya (Kakamega), Moses Akaranga (Vihiga), Patrick Khaemba (Trans Nzoia) and Sospeter Ojaamong (Busia) are mulling over how to raise Sh200 million to kick-start the drive. “Since economic empowerment is critical, we as leaders need to create the bank as our legacy,” Lusaka said. He was speaking at the region’s economic empowerment forum at Countryside Hotel, Bungoma, over the weekend. Former Masinde...
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