Standard Bank economist Chris Hart has resigned.
On 3 January the bank suspended Hart pending an inquiry into a racist tweet.
Hart tweeted that: “More than 25 years after Apartheid ended, the victims are increasing along with a sense of entitlement and hatred towards minorities…”
More than 25 years after Apartheid ended, the victims are increasing along with a sense of entitlement and hatred towards minorities….— Chris Hart (@chrishartZA) January 3, 2016
On 4 January the bank distanced itself from the comments made by Hart.
Standard Bank's Chief Executive Officer Sim Tshabalala sent the following note to staff, which was published in the Rand Daily Mail”:
Black South Africans are in fact fully entitled to a decent quality of life and to redress for Apartheid. To suggest that this means that they are ‘entitled’ in the negative sense is simply wrong and often amounts to racism.— Sim Tshabalala
Listen to the audio below for more detail.
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Warren Ingram, Personal Financial Advisor and Executive Director at Galileo Capital.
The Money Show’s Bruce Whitfield interviews Prof Raymond Parsons (Economist at NWU Business School) and EWN's Alex Eliseev.
What music can do for the soul, podcasts can do for the mind.
Bruce Whitfield sat down with GT Ferreira, Laurie Dippenaar and Paul Harris, the inspirational founders of Rand Merchant Bank.
It's interesting to see which The Money Show articles were most widely read in 2018; a very tough year for the economy.
Review of “Friend of a Friend: Understanding the Hidden Networks That Can Transform Your Life and Your Career” by David Burkus.
In this episode of Africa State of Mind, Lee Kasumba chats to South African rapper Sho Madjozi about her upbringing, and rise to fame.
In the health feature, CEO of Proactive Health Solutions Dr Fundile Nyathi chats about some health issues the generally arise during the festive season.
Earlier on Friday, Karima Brown laid a charge of intimidation against a party member who sent her what she says is a threatening text.
So-called 'designer vaginas' are created through various surgical or non-surgical procedures, explains clinical sexologist Dr Eve.
The company will reportedly shut its doors in January 2019.
Author Max de Preez weighs in on where SA would be if Jacob Zuma was still president and the impact of Ramaphosa now.
The WC Traffic Department has made provisions to cater for motorists affected by the backlog with the issuing of driving licences.
Khabazela shares tweets and Facebook posts that have gone viral.
Ray White interviews Pauli van Wyk, an investigative journalist with Scorpio at Daily Maverick.