Economist in hot water over Twitter comments

JOHANNESBURG - Standard Bank economist Chris Hart is in hot water over his social media comments.

Hart has been accused of racism on Twitter after he expressed an opinion on attacks by black people on what he described as minorities.

Standard Bank says the comments carried racist undertones and intends to institute internal disciplinary proceedings.

In a statement, the bank said the process would ensure comments made on a personal basis would not be associated with the organisation.

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, who is a global investment strategist at Standard Bank, later apologised on Twitter.