Chris Hart quits Standard Bank after ‘racist’ row: report
Standard Bank economist, Chris Hart, has reportedly resigned from the bank on Monday, following comments he made on Twitter, deemed by many to be ‘racist’.
According to IOL, a Standard Bank spokesperson said that Hart, “an Investment Strategist at Standard Bank Wealth and Investment has resigned and has left the employ of the bank”.
Standard Bank announced Hart’s suspension on 4 January, pending an inquiry into the incident.
On 3 January, Hart wrote: “More than 25 years after Apartheid ended, the victims are increasing along with a sense of entitlement and hatred towards minorities…”
Read: Unemployment a bigger scar than apartheid: ‘racist’ economist
It was part of a series of tweets, but that particular post drew strong criticism, with users calling on Standard Bank to take action against the respected economist.
Hart later apologised: “This tweet has caused offense – never intended for which I apologise wholeheartedly. Meant to be read in context of slow growth.”
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