Absa's 'Black Tax' poll backfires

Absa has apologised for a controversial Twitter poll asking social media users to define 'Black Tax' - a term which generally refers to the extended-family financial obligations placed on black professionals.

READ: Black tax holding South Africans back from realising their aspirations

ALSO READ: Many black South Africans pay a "Black Tax" (and some Whites pay a "White Tax")

The bank received backlash over the poll on Tuesday morning with some suggesting that the survey is insensitive and others claiming it is a money making scheme.

The bank has apologised and insists the poll was meant to be read alongside an expert opinion on the matter.

Meanwhile, Nedbank has capitalised on the outrage by responding to clients who are looking to switch banks.


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