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.
Provinces with a heavier focus on resources industries will also benefit from higher salaries. Alberta is projected to see an average salary increase of 3.2 per cent, followed closely by Saskatchewan at 3.1 per cent. Quebec, Manitoba and Greater Vancouver are projected to have the lowest salary increase at 2.8 per cent.he average increase is expected to be 3.1 per cent in 2014, a slight dip from the average actual salary increase of 3.2 per cent for both 2013 and 2012, Mercer said in a release. Photos.com.