DAR ES SALAAM, Feb. 24 -- CENTRAL banks from across the Southern African Development Community met in Arusha yesterday to discuss the rising threat of artificial intelligence in the financial sector.

Officials warned that without proper oversight, these technologies could expose banking systems to new risks and disrupt regional economic activities.

At the 33rd meeting of the SADC Committee of Central Bank Governors Information, Communication and Technology, and Business Resilience Subcommittee, participants examined vulnerabilities in digital platforms, payment systems and online transactions.

The Bank of Tanzania (BoT) Governor, Mr Emmanuel Tutuba, said when opening the meeting that ensuring business continuity and system resilience i...