{"id":108845,"date":"2016-01-13T13:33:41","date_gmt":"2016-01-13T11:33:41","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=108845"},"modified":"2016-01-13T13:41:25","modified_gmt":"2016-01-13T11:41:25","slug":"we-do-not-tolerate-racism-in-any-form-standard-bank-ceo","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/108845\/we-do-not-tolerate-racism-in-any-form-standard-bank-ceo\/","title":{"rendered":"We do not tolerate racism in any form: Standard Bank CEO"},"content":{"rendered":"<p>In the wake of Standard Bank economist Chris Hart\u2019s suspension over an alleged racist tweet, his CEO has warned staff that the bank &#8220;does not tolerate racism in any form, no matter how casual or trivial&#8221;.<\/p>\n<p>Writing in an internal email to his staff, Standard Bank CEO Sim Tshabalala said that &#8220;racism against anyone is always totally unacceptable and inexcusable&#8221;.<\/p>\n<p>&#8220;I admonish all of us not to infringe on the linguistic, religious and cultural rights of others,&#8221; he said. &#8220;When we differ &#8211; which we will &#8211; we must always remain respectful.&#8221;<\/p>\n<p>Hart is at the centre of a social media racist storm, after several white South Africans were targeted for posts last week that were either outright racist or had undercurrents of racism.<\/p>\n<p>Others were just caught in the storm. Gareth Cliff lost his long-standing role on Idols, while Penny Sparrow had to vacate her home on the South Coast.<\/p>\n<p>Hart&#8217;s tweet on January 3 that got him suspended, said: &#8220;More than 25 years after Apartheid ended, the victims are increasing along with a sense of entitlement and hatred towards minorities.&#8221;<\/p>\n<p>A group of prominent black South Africans filed a legal case against Hart and others, but some black entrepreneurs and academics have come out in support of the economist.<\/p>\n<p>However, the stern message from Hart\u2019s boss reveals how seriously Standard Bank is taking the matter.<\/p>\n<p>Tshabalala, who is a popular and respected leader at Standard Bank, said all South Africans have a &#8220;legal and moral duty to work hard to promote the transformation of South Africa&#8221;.<\/p>\n<p>&#8220;Transformation is not a choice,&#8221; he said. \u201cWe are committed to transformation by the aspirations and values expressed in our Constitution; by the legal force of its equality clause; and in terms of precisely detailed legislation including the Broad-based Black Economic Empowerment Act, the Employment Equity Act and the Labour Relations Act.&#8221;<\/p>\n<p>&#8220;To build this better world for future generations of South Africans, a little patience and a degree of sacrifice is required from all of us,&#8221; he said.<\/p>\n<p>&#8220;Transformation, then, is about creating a much fairer and more sustainable distribution of resources and opportunities,&#8221; he said. &#8220;But, as we have just been painfully reminded, it is also about the eradication of racism from our society &#8211; both because racism is a practical barrier to transformation and because racism is deeply wrong in itself.&#8221;<\/p>\n<p>&#8220;As our history teaches us, racism can lead directly to systematic cruelty and appalling violence,&#8221; he said. &#8220;Open or subtle, racism hurts its victims terribly, weakens the fabric of society, poisons politics and erodes the trust and the optimism on which economic growth depends.&#8221;<\/p>\n<p>Tshabalala said South Africa needs to enter a new phase of open and serious dialogue about race and racism in South Africa.<\/p>\n<p>He will make it a mission of Standard Bank to ensure &#8220;business people enter this dialogue with the utmost thoughtfulness and willingness to listen&#8221;.<\/p>\n<p><a href=\"http:\/\/www.fin24.com\/Companies\/Financial-Services\/bank-ceo-sa-must-reject-racism-and-promote-transformation-20160113\" target=\"_blank\">Fin24<\/a><\/p>\n<h3 class=\"my-4\">More on South Africa<\/h3>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/government\/108195\/black-entrepreneur-defends-racist-economist\/\" target=\"_blank\">Black entrepreneur defends \u2018racist\u2019 economist<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/government\/108103\/anc-defends-white-south-africans-in-racism-row\/\" target=\"_blank\">ANC defends white South Africans in racism row<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/general\/108039\/standard-bank-suspends-economist-after-racist-tweets\/\">Standard Bank suspends economist after \u2018racist\u2019 tweets<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/businesstech.co.za\/news\/general\/108019\/white-south-africans-proud-of-their-supremacy-eff\/\">White South Africans proud of their supremacy: EFF<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the wake of Standard Bank economist Chris Hart\u2019s suspension over an alleged racist tweet, his CEO has warned staff that the bank &#8220;does not tolerate racism in any form, no matter how casual or trivial&#8221;.<\/p>\n","protected":false},"author":35,"featured_media":108849,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[26,499],"class_list":["post-108845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-headline","tag-standard-bank"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/108845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=108845"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/108845\/revisions"}],"predecessor-version":[{"id":108847,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/108845\/revisions\/108847"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/108849"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=108845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=108845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=108845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}