Used car prices surge, Sacco CEO theft, Airtable sale, Spotify growth

Jiji market data indicates a sharp rise in listing prices for vehicles over the past two years. This shift reflects higher import costs and constrained supply in the local second-hand market. Buyers are facing significantly higher ownership entry points, forcing a rethink on fleet upgrades and personal transport planning as affordability drops.

The Sacco executive is accused of embezzling funds between February and April 2026 at the Meru head office. The case highlights systemic vulnerabilities in internal audit controls within smaller financial cooperatives, which often leave members deposits exposed to mismanagement by senior leadership.

Property developers are seeing reduced demand in these Nairobi suburbs as buyers reprioritise spending amid economic pressure. Prices in Rongai fell 2.7 percent to Sh15.6 million, while Ngong dropped 2.5 percent. This cooling trend suggests that mortgage-reliant buyers are scaling back their residential ambitions in the current high-interest climate.

The platform enables cross-border connectivity without physical SIM swaps, targeting the regional business and tourism sector. By leveraging eSIM technology across Android and iPhone ecosystems, Kwetu attempts to reduce the friction and roaming costs that have historically hindered seamless movement across East and Southern Africa.

The acquisition marks a major consolidation in the low-code productivity market. Airtable was once valued at over $11 billion in 2021, but valuation reality has caught up with the broader SaaS sector. For existing users, this transition signals a pivot toward leaner operational models under new ownership.

The wallet primitives integrate with the x402 protocol, providing agents with verifiable identity and payment capabilities on the web. This infrastructure allows agents to purchase APIs or content directly, establishing a formal guardrail for agentic commercial activity without requiring human manual intervention.