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Top News of the Day| The most shocking moment of the Oscars, 10 drugs found in Taylor Hawkins body…

The 2022 Oscar award ceremony may go down as the most memorable event.

Moments before Will Smith received an award for best actor, Chris Rock took the stage to announce the best documentary feature and joked about Jada Pinkett Smith starring in “G.I. Jane” because of her bald head. “Jada, I love you. G.I. Jane II, can’t wait to see it” he said. Jada Smith shaved her head after struggling with alopecia for many years.

Moments later, Will Smith confronted Rock and proceeded to punch him in the face. The altercation appeared as if it was staged at first. Then Will went back to his seat and yelled, “Keep my wife’s name out of your f**king mouth!”.

Devil Washington and Bradley Cooper were seen comforting Will in private.

On Friday afternoon Foo Fighter’s drummer, Taylor Hawkins, was found dead in his hotel room at the Casa Medina hotel, in Colombia.

Prosecution officials have not released an official report confirming the cause of death.

However, a toxicology report found 10 substances in his body including opioids, marijuana and anti-depressants. Columbian Attorney General’s Office confirmed that the drugs may not be related to Hawkins’s death and further investigations are underway.

“The National Institute of Forensic Medicine is continuing its medical studies to be able to completely clarify the facts that led to Taylor Hawkins death.”

According to local reporters, “an ambulance was sent to the hotel after a man reported having chest pains”.

The Foo Fighters were meant to perform at a music festival this past weekend. Hawkins leaves behind his wife and their three children.

Here are the top trending stories of the day.

Headline: Will Smith Smacks Chris Rock on Oscar Stage After Jada Pinkett Smith JokeVariety 

Headline: Taylor Hawkins: Drugs found in body of late Foo Fighters drummer – BBC

Headline: Team by team analysis of the 2022 Saudi Arabian Grand Prix – News24

Headline: Oscars Video: Beyoncé Performs ‘Be Alive’ From King Richard – TV Line

Headline: A Very Single Regina Hall Uses Oscars To Find A Boyfriend, Pats Down Jason Momoa – Huffington Post 

Headline: amaBhungane: SA is pursuing a major gas deal – and Russia wants in – News24

Headline: Ukraine war: Biden denies calling for regime change in Russia a day after saying Putin ‘cannot remain in power’ – Sky News

Headline: Argentina coach Scaloni on Messi retirement talk: At some point it will happen but we must enjoy him – Goal 

Image credit: Getty Images

North Korea’s state TV shows ICBM launch

William and Kate arrive in the Bahamas

Top News of the Day: Bridgeton season 2 premiers on Netflix today, What does this rate hike mean for you?

On Thursday afternoon, SA Reserve Bank’s monetary policy committee (MPC) announced the hiked repo rate by another 25 basis points to 4.25%, and the prime rate to 7.75%.

The increase is largely caused by the “skyrocketing oil prices, which resulted in petrol and diesel prices rising by more than one-third over the past year.”

Furthermore, the invasion of Ukraine has resulted in significant rises in commodities prices, such as wheat and cooking oil. Inflationary pressures will rise in South Africa in the coming months as a result of this.

What does the rate hike mean for you?

Well, according to News24, if you have a new home loan of R2 million at the prime rate, the monthly payment will increase by around R300 following the rate hike.

The Reserve Bank now forecasts headline inflation of 5.8% for this year, up from the earlier forecast of 4.9 percent. This increase is mostly due to increased food and gasoline costs.

Fortunately, it’s not all dark and gloomy. Experts are predicting a 2% growth in South Africa’s economy in 2022.

On a lighter note, the highly anticipated season 2 of Bridgerton premiers on Netflix today. 

According to The South African, Lord Anthony Bridgerton (Jonathan Bailey), the eldest Bridgerton brother and Viscount, sets out to find a suitable marriage. 

“Driven by his duty to uphold the family name, Anthony’s search for a debutante who meets his impossible standards seems ill-fated until Kate (Simone Ashley) and her younger sister Edwina (Charithra Chandran) Sharma arrive from India,” reads the synopsis of the show.”

Watch the trailer below:

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