By Own Correspondent| Zimbabwe Congresss of Trade Unions (ZCTU) has told its members to take to the streets on Thursday in a nationwide protest against Finance minister Mthuli Ncube’s 2% tax, after rubbishing a review proclaimed on Friday as “meaningless”.

Ncube triggered widespread outrage after imposing a 2% tax on electronic money transfers in a bid to raise money for the cash-strapped government.

Giving in to the criticism, Ncube reviewed the tax on Friday, exempting transactions below $10 and capping the tax at $10 000.

Among other demands, the labour body wants President Emmerson Mnangagwa’s administration to halt the escalating price hikes, saying the sharp increase in the prices of goods was pushing the hard-press citizens against a rock.

ZCTU president Peter Mutasa said the labour federation had elected to go ahead with its protest billed for Thursday despite the tax review announced on Friday.

“Nothing has changed, but nothing turns on the purported changes and clarifications,” Mutasa said.

“In fact, the changes simply show that the [Finance] minister [Mthuli Ncube] was attempting to placate the rich and ignore the poor.

“He still wants to charge the additional taxes on school fees transfers in addition to Pay as You Earn tax and the gazetted minimum of $10 is a big joke considering the current price increases.”-Newsday.