Uganda is Africa's Economic Capital, Says Charles Lambert

The government has introduced Postcom, an online marketplace operated by Posta Uganda, to modernize domestic trade. By leveraging the national postal network for deliveries, the platform aims to empower small businesses and digitize the economy under the supervision of the Uganda Communications Commission.

Uganda's Parliament has approved a 30 percent environmental levy on imported second-hand clothes and increased taxes on cement, sugar, and motorcycle registration. While the new laws introduce a tax amnesty for old debts and raise the VAT threshold to Shs300 million to aid small businesses, critics warn the "mivumba" tax will hurt low-income earners.

Chinese investors toured Wagagai Gold Mines in Busia, where officials say the project is creating jobs and targeting 1.2 tonnes of gold output each year.