| The low level of tax compliance by companies is "less than satisfactory" and compares unfavourably with individuals, whose compliance has shown dramatic improvement, says South African Revenue Service (SARS) head Oupa Magashule. 25 May 2012 11:40 The Standard Bank of South Africa Limited (SBSA) has signed a US$1.35 billion, 36-month term loan facility in London. The transaction was launched in an amount of US$750 million and an oversubscription of US$726 million was obtained, thus allowing for a final take of US$1.3 billion. 25 May 2012 10:21Financial institutions need to ensure that they keep abreast of fast-changing legislative developments and are able to implement changes within the required time frames. 24 May 2012 16:31According to a Business Live report, some companies are likely to ditch e-mails in favour of social networking sites to forge closer ties with customers and partners, which quotes the IBM CEO study of 1 700 chief executives from 64 countries. 23 May 2012 15:57Business leader Bobby Godsell has suggested SA establish an independent commission into executive pay. He said it was excessive and lacked transparency. 23 May 2012 11:46[Michael Bratt] If your manufacturing business is in need of a boost, come June 4 the Department of Trade and Industry (dti) may be able to assist you. That is the day when applications open for its newly launched Manufacturing Competitiveness Enhancement Programme (MCEP). 23 May 2012 11:29  The government was warned in 2010 that collection costs for the controversial e-toll system would be considerably higher than a petrol levy or tax, Beeld newspaper reported on Monday. 22 May 2012 12:25
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