Controller of Budget Margaret Nyakang'o has raised concerns about the National Treasury's failure to repay an overdraft from the Central Bank of Kenya by the close of the last financial year, indicating a potential violation of the law. Meanwhile, Members of Kenya's Parliament have raised concerns about significant loopholes identified within the Sh340 billion National Infrastructure Fund that could potentially undermine the fund's effectiveness and transparency. Additionally, Kenya's lending sector is already heavily reliant on Artificial Intelligence for credit scoring, making the discussion now about governance rather than adoption, as regulators struggle to keep pace with technology deployment in financial services.










