Media is reporting at least 7 people have lost their lives from this ISIS terrorist attack in Ancuabe of which one was a beheading.
Definitely a dangerous part of the world to be doing business in given the increase in frequency of attacks on the population there. I can understand the negative reaction by the market. I'd be re-assessing my position also if I was a shareholder.
https://zitamar.com/insurgents-extend-offensive-into-ancuabe-district/
Ann: Security Incident near Ancuabe in Cabo Delgado Province, page-17
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