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Inflation-hit Zimbabwe launches new gold-backed currency
Zimbabwe has finally launched a gold-backed currency to bring down inflation, ending a decade of dollarization. The new currency or Zig- standing for Zimbabwe Gold- is the latest attempt to end hyper-inflation in the country which lasted for 25 years. Zig is intended to be a market-determined exchange rate, said Zimbabwe’s central bank governor while […]
Football: Morocco Head Coach Regragui Leaves His Post, Wahbi Takes Over
After several weeks of swirling rumours about his departure as Head coach of Morocco national football team, Walid Regragui has finally stepped down from his position and has been replaced by Mohamed Ouahbi. The announcement was made Thursday evening during a press conference held at the HQ of the Royal Moroccan Football Federation (FRMF) in […]
Algeria: Bouteflika keeps revision of the constitution promise, process in motion
President Bouteflika Monday kick-started revision of the Algerian constitution seeking gradually establishment a “sheer civil rule” and a stronger opposition after long months of delay, Presidency announced. Monday close meeting led by ailing President Bouteflika was the first ever meeting related to the modification of the Algerian constitution ever promised by the President. The meeting […]



