The property could be worth trillions of dollars but environmentalists say it is simply priceless. Jinja authorities allegedly based on the granting of controlling rights over the source on the investor's plan to build a five star hotel and an 18 hole golf course nearby. The new owners will now take control over the source of the longest river in the world along whose banks human civilisation started, and which runs over 6,695 kilometres (4,184 miles) to the Mediterranean Sea, providing life for Egypt's 75.5 million people and Sudan's 36.8 million and having a huge impact on Uganda's 30 million people.
Monday, May 05, 2008
AEW- compiled from different news
In an amazing example of privatization of natural resources, news leaked from Uganda state that the source of the Nile River Nile to investment. Details are still scanty but the lucky beneficiary is believed to have used a yet-to-be named Malaysian company to acquire what could be the world's most precious piece of real estate that even renowned billionaires could never afford on the open market.
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from Jordan
what does that mean exactly? Are they building the hotel on the bank of nile giant springs, or are they controlling water flow? In addition to building the hotel what control do they have over water?