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Cisco CEO Warns of AI 'Carnage' as Platforms Face New Risks and Scrutiny
Cisco Systems chairman and chief executive Chuck Robbins has warned that there will be "carnage along the way" from the Artificial Intelligence (AI) boom, which he believes will be "bigger than the internet." In a related finding on technology risks, a PwC survey identified cybersecurity as the most significant risk for banks in East Africa due to accelerating digital banking. Meanwhile, Pornhub will restrict access for UK users from next week due to the country's tougher age verification requirements under the Online Safety Act. In the US, TikTok pushed back on censorship claims after its separation from global operations, though California Governor Gavin Newsom has announced an investigation into allegations of content suppression.
Kenyan Ministries Act on Sh11bn Health Fraud, Maize Hoarding, and Road Funding
An audit by Kenya's Ministry of Health revealed that the Social Health Authority (SHA) lost Sh11 billion due to fraudulent claims, primarily from private hospitals under the Universal Health Coverage scheme. The government plans to recover these funds. Separately, the Ministry of Agriculture issued a 30-day ultimatum to maize farmers in the North Rift region to release their hoarded grain, warning of duty-free imports if supplies remain low. This directive comes as over 2.5 million Kenyans face starvation. In infrastructure, Kenya is funding the rehabilitation of the Mombasa Road section with Sh4.5 billion from securitised Roads Maintenance Levy (RML) funds. This amount is part of a larger Sh21 billion allocated for critical road projects.
