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Oscars 2019: Full List Of Winners

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It was a night of upset in Hollywood, as Green Book took home Best Picture–and dashed Netflix’s $30 million bet on scoring a win in the hotly-contested category with Roma.

The Universal buddy drama, starring Mahershala Ali and Viggo Mortensen, overcame stiff competition from superhero movie Black Panther, racially-charged comedy BlacKkKlansman, Queen historyBohemian Rhapsody, off-kilter period drama The Favourite, black-and-white autobiography Roma, musical tragedy A Star Is Born and Dick Cheney biopic Vice.

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The film tells the tale of a black concert pianist Don Shirley and his Italian-American driver Tony Vallelonga traveling through the racist deep South. It overcame criticism for its portrayal of Mortensen’s character, Tony Vallelonga, as a white savior. The backlash was furthered by the Shirley family, who claimed it misrepresented the prodigy’s relationship with them. 

Green Book was not the only controversial film to emerge triumphant. Bohemian Rhapsody led the awards scoreboard with four statuettes, including Best Actor for Rami Malek, despite a damning investigation by The Atlantic into sexual conduct by its director, Bryan Singer. (Singer has denied the accusations.) Black-and-white Spanish-language film Roma and blockbuster Black Panther were close behind with three apiece.

“I think to anyone struggling with their [identity] and trying to discover their voice, we made a film about a gay man, an immigrant, who lived his life just unapologetically himself,” said Malek, as he accepted his award.

“And the fact that I’m celebrating him and this story with you tonight is proof that we’re longing for stories like this.” 

Beyond scandal, it was also an evening of firsts: Auteur Spike Lee landed his first Oscar in his three decade-plus career for race comedy BlacKkKlansman, though he lost out on Best Picture. Lee, who was also snubbed years ago because of Driving Miss Daisy, had a few words to say. “Every time somebody is driving somebody, I lose,” Spike Lee told the press, while sipping champagne backstage.

Superhero smash hit Black Panther won Marvel the studio’s first statuettes ever, nabbing costume design, production design and best original score. And Mahershala Ali became the first Black actor to win two Oscars in the Best Supporting Actor category, following his performance in interracial roadtrip movie Green Book.

The biggest shock of the night, besides Green Book: Best Actress, which was won by Olivia Colman for The Favourite. She beat out Glenn Close (The Wife), who was widely expected to take the category.

“When I used to work as a cleaner–and I loved that job–I did spend quite a lot of my time imagining this,” Colman said onstage. 

Critically-acclaimed period comedy The Favourite and Netflix’s autobiographical drama Roma had the most nominations going into the show, with 10 nods apiece.

Oscars 2019: Full List Of Winners:

BEST PICTURE

Green Book

DIRECTING

Alfonso Cuarón, Roma

ACTOR IN A LEADING ROLE

Rami Malek, Bohemian Rhapsody

ACTRESS IN A LEADING ROLE

Olivia Colman, The Favourite

ACTRESS IN A SUPPORTING ROLE

Regina King, If Beale Street Could Talk

ACTOR IN A SUPPORTING ROLE

Mahershala Ali, Green Book 

ORIGINAL SCREENPLAY

Green Book

ADAPTED SCREENPLAY

BlacKkKlansman

ORIGINAL SCORE

Black Panther 

ORIGINAL SONG

“Shallow,” A Star Is Born

DOCUMENTARY FEATURE

Free Solo

DOCUMENTARY SHORT SUBJECT

Period. End of Sentence.

MAKEUP AND HAIRSTYLING

Vice

COSTUME DESIGN

Black Panther

PRODUCTION DESIGN

Black Panther

CINEMATOGRAPHY

Roma

SOUND EDITING

Bohemian Rhapsody

SOUND MIXING

Bohemian Rhapsody

FOREIGN-LANGUAGE FILM

Roma

FILM EDITING

Bohemian Rhapsody

VISUAL EFFECTS

First Man

ANIMATED FEATURE FILM

Spider-Man: Into The Spider-Verse

ANIMATED SHORT FILM

Bao

LIVE-ACTION SHORT FILM

Skin

-Natalie Robehmed;Forbes Staff

Current Affairs

Coca Cola South Africa Improves SME Role In Value Chain

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Coca Cola Beverages South Africa (CCBSA) launches an R20 million fund for small supplier development and procurement, annually, for the next five years.

This was announced by the Financial Director, Walter Leonhardt at Gallagher Convention Centre at the third annual Supplier Development Conference.

CCBS is the South African-based subsidiary of Coca-Cola Beverages Africa (CCBA).

Leonhardt said the purpose of this fund is to assist young upcoming black entrepreneurs in the Coca-Cola value chain.

“We are, today, launching the CCBSA supplier fund of access to funding. To address the issue of access to funding which most SMEs experience,” said Leonhardt.

This will enable the entrepreneurs’ procurement process to be easier.

“It is to help them buy equipment, fund working capital and to help them overcome something we have identified as a challenge for upcoming businesses, which is access to capital on quit lenient terms,” said Leonhardt.

Budding entrepreneurs can visit their website to find out how they can access the funds.

There were over 120 suppliers of CCBSA in attendance.

Managing director of CCBSA Velaphi Ratshefola said they spent R2.35 billion last year, supporting 567 black-owned suppliers, of whom, 265 were black female owned suppliers.  

“So for me, it is clear that this is working. We have helped create a very inclusive economy. We need to play our part and we need to ensure that only through an inclusive growing economy we can create a stable environment where businesses can flourish.

“If we do not have a stable environment, a stable economy, we will have a lot of disturbances which are never good for business,” said Ratshefola.                      

“So for all of us, we should not do it just for social reasons, we must do it for the success of businesses and imperative,” said Ratshefola. 

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Zimbabwe Central Bank Borrows $985 Million From African Banks

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Zimbabwe’s Reserve Bank has borrowed $985 million from African banks to purchase fuel and other critical imports with current reserves covering imports for just four weeks, underscoring the severity of dollar shortages, governor John Mangudya said.

The southern African nation last month ditched a discredited 1:1 dollar peg for its surrogate bond notes and electronic dollars, merging them into a lower-value transitional currency called the RTGS dollar.

Mangudya said the central bank borrowed $641 million from the African Export and Import Bank, $152 million from Eastern and Southern African Trade and Development Bank, and $25 million from Mozambique’s central bank, among others.

The loans, which would be repaid from future gold earnings, have a tenure of between three and five years and attract an interest of up to 6 percent above the Libor rate, Mangudya said.

Gold is Zimbabwe’s single biggest mineral export earner, accounting for a third of its $4.2 billion earnings last year after a record output, central bank data shows.

“These loans are well structured facilities contracted last year. They will be paid from future (gold) export receivables,” Mangudya told a parliamentary committee.

The central bank takes 45 percent of dollar sales from gold producers and half from other miners to fund imports like fuel and power and repay foreign loans.

But the miners only have 30 days to keep their dollar balances in local foreign currency accounts, after which they must sell them. The companies have asked the central bank to extend the period they may keep their dollars to 90 days, according to mining executives.

OVERDRAFT LIMIT

Unable to get funding from foreign lenders like the International Monetary Fund and World Bank due to arrears of more than $2.4 billion, Zimbabwe has looked to financiers from the continent and local banks to shore up its budget.

The central bank chief said Zimbabwe had just $500 million in reserves, enough to purchase four weeks’ worth of imports.

Mangudya said government borrowing from the central bank reached $2.99 billion in December, about three times its permissible overdraft limit.

President Emmerson Mnangagwa’s government has promised to curb borrowing in 2019 under reforms to revive the southern African economy, after the budget deficit soared last year following a spike in spending ahead of elections.

Finance Minister Mthuli Ncube said last week that the local RTGS dollar, Zimbabwe’s new de facto currency, will be backed up with fiscal discipline and the government would allow it to fluctuate but would manage excessive volatility.

On the interbank forex market on Monday, one U.S. dollar fetched 2.5 RTGS dollars, the same rate as on Feb. 22 when the central bank sold some dollars to banks. That compares to a rate of 3.5 RTGS dollars per U.S. dollar on the black market. -Reuters

-MacDonald Dzirutwe

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Volvo To Limit Car Speeds In Bid For Zero Deaths

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Volvo Cars said on Monday it will introduce a 180 km per hour (112 mph) speed limiter on all new vehicles as the Swedish automaker seeks to burnish its safety credentials and meet a pledge to eliminate passenger fatalities by 2020.

While Volvo, whose XC90 flagship SUV currently has a top speed of 212 km/h, has made progress on its so-called “Vision 2020” target of zero deaths or serious injuries, Chief Executive Hakan Samuelsson said it is unlikely to meet the goal without additional measures to address driver behavior.

“We’ve realized that to close the gap we have to focus more on the human factors,” Samuelsson said. Volvo did not elaborate on the data but said its passenger fatalities were already well below the industry average before the goal was announced in 2007.

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In addition to the speed cap, Volvo plans to deploy technology using cameras that monitor the driver’s state and attentiveness to prevent people driving while distracted or intoxicated, two other big factors in accidents, Samuelsson said.

The company is also looking at lower geo-fenced speed limits to slow cars around sensitive pedestrian areas such as schools, while seeking to “start a conversation” among automakers and regulators about how technology can be used to improve safety.

Volvo, which is owned by China’s Geely, announced the new speed limitation policy on the eve of the Geneva auto show, where its new Polestar performance electric-car brand is showcasing its second model, the Polestar 2.

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While Volvo buyers often choose the brand for its safety, Samuelsson conceded that the speed cap could be a turn-off for a few in markets such as Germany, where drivers routinely travel at 200 km/h or more on unrestricted autobahns.

“We cannot please everybody, but we think we will attract new customers,” the CEO said, recalling that the roll-out of three-point seat belts pioneered by Volvo in 1959 had initially been criticized by some as intrusive.

“I think Volvo customers in Germany will appreciate that we’re doing something about safety,” he said. -Reuters

– Laurence Frost; additional reporting by Esha Vaish

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