What is 'Bitcoin'. Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government issued currencies. There are no physical Bitcoins, only balances associated with public and private keys.
The Minister of Finance predict that the budget deficit would be cut to 3.9% in 2015/2016 and 2.5% in 2016/2017. Despite steady economic growth, the average South Africanâs disposable income is declining as consumersâ battle higher high debt levels and increases to administered prices.
NOTE: Projections include those organizations reporting 0%. (Toronto, August 26, 2014) â Canadian employees can expect to see average base salary increases of 2.6% in 2015, according to a national survey of over 400 Canadian public and private sector employers conducted by Hay Group in June and July.Participants include many of Canadaâs leading employers. Projections by job level show that most positions will be at or just above the national average of 2.6%. 2  Only unionized clerical positions will see average increases (2.3%) which are below the national average. 3  Alberta (3.1%) and Saskatchewan (2.9%) have the highest 2015 base salary projections in Canada.