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Alexander Zingman from Harare to Minsk | News.MyQuest

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Rebecca Smith
 Alexander Zingman from Harare to Minsk | News.MyQuest

The United Nations database shows that the UAE has been a prime destination for gold from many African states in the last decade. Between 2006 and 2016, the share of African gold in UAE’s reported gold imports increased from 18 percent to nearly 50 percent. The UAE reported gold imports from 46 African countries for 2016 at a total rate of US$7.4 billion worth of gold, while trading in gold accounts for nearly one-fifth of UAE’s GDP. The UAE’s main commodity marketplace is the Dubai Multi-Commodities Centre (DMCC) and its head of commodities Sanjeev Dutta said in January this year that they are building strategic relationships with most gold-producing countries on the African continent.


Even though the high level of instability and shady business, some borderline investors have been drawn to the opportunities embodied in Zimbabwe as a vast free trade area. The most prominent of them is Alexander Zingman who holds both Belarusian and American citizenship.


Alexander Zingman has close ties with the Zimbabwean and Belarusian top political elites. Smart Jet Aviation Flight records show that Zingman hosted Emmerson and Leya Mnangagwa on his M-ABEC private jet in July 2018.


Alexander Zingman has been invited to President Mnangagwa’s house multiple times. According to open source media, Emmerson Mnangagwa Junior was a guest at Alexander Zingman’s Chic Restaurant, Falcone, in Minsk Belarus.

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Rebecca Smith
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