Standard Bank's Chris Hart resigns

In early January Standard Bank had suspended Chris Hart, over a controversial tweet which read: “More than 25 years after Apartheid ended, the victims are increasing along with a sense of entitlement and hatred towards minorities…” (Reuters)

In early January Standard Bank had suspended Chris Hart, over a controversial tweet which read: “More than 25 years after Apartheid ended, the victims are increasing along with a sense of entitlement and hatred towards minorities…” (Reuters)

The prominent economist came under flak earlier this year after posting a tweet that many on social media deemed racist.

Standard Bank on Monday announced that prominent economist Chris Hart, who earlier this year had been at the centre of a storm around tweets deemed racist, had left the bank.

Standard Bank spokesperson Ross Linstrom confirmed that Hart, “an Investment Strategist at Standard Bank Wealth and Investment has resigned and has left the employ of the bank”.

In early January the bank had suspended Hart, over a controversial tweet which read: “More than 25 years after Apartheid ended, the victims are increasing along with a sense of entitlement and hatred towards minorities…”


The post drew wide criticism on Twitter and Facebook, with users calling on Standard Bank to fire him over the “racist undertones” in his tweet.

Hart later apologised and said his tweet was meant to be read in the context of the slow economic growth.


At the time Standard Bank distanced itself from the comments. – African News Agency (ANA)

.

Topics In This Story

Comments

blog comments powered by Disqus

Client Media Releases

MTN intensifying network improvement
What graduates should know about the real world
MTN enhances information systems security
MTN focuses on digital performance to drive growth
AfroCentric renovates Charlotte Maxeke Hospital classrooms
Disability no barrier to academic excellence
GIBS retains top spot
Business intelligence: actionable information