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.
CareerJunction has released the findings of its latest salary index, showing the average salaries for over 100 jobs in 10 sectors across South Africa. The CareerJunction Index is compiled exclusively for the South African workforce and HR/recruitment professionals.Findings are based on actual salary offerings on the CareerJunction website (28,000+ jobs monthly) for the latest measurable period (2nd and 3rd quarters, 2014).IT salaries in South Africa have increased by 20%, CareerJunction said.According to the report, a senior project engineer can expect to earn the highest salary in the country, with a starting monthly salarly of R49,191, which can stretch to R67,234.he report clearly shows that Gauteng pays higher salaries than the national average across all sectors, while the Western Cape pays less than the average in every sector except telecommunications and construction. In terms of gender representation, the majority of sectors are dominated by men (6 out of 10 sectors).