United Capital CFO Acquires 230,000 Shares Worth ₦1.23M

Esan Bolaji
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United Capital CFO Acquires 230,000 Shares Worth ₦1.23M

The management of United Capital Plc, a leading African financial and investment banking Group, has disclosed that Shedrack Andrew Onakpoma, Member of Staff, purchased ordinary shares of 230,000 at N5.35 per share on January 19, 2021.

In a statement signed by Leo Okafor, Company Secretary and released through the Nigerian Stock Exchange (NSE), United Capital said the transaction took place on January 19, 2020, at the Nigerian Stock Exchange in Lagos, Nigeria.

United Capital Plc Group CFO Acquires 230,000 Shares Worth ₦1.23M
SOURCE: NSE

Shedrack Onakpoma – Brief Profile

shedrack-onakpoma Brandspurng Insider Dealing United Capital Plc Group CFO Acquires 180,000 Shares
SHEDRACK ONAKPOMA, Group Chief Finance Officer | www.brandspurng.com

Shedrack Onakpoma was appointed Group Chief Finance Officer, in 2019 and oversees the Finance, Treasury and audit departments of United Capital Plc. He is an Economist and Professional Accountant with over 23 years working experience in Financial Management, Business Planning, Capital raising projects, M&A, Business Combination and Restructuring within Africa.

Prior to joining United Capital, he has held varying finance roles within and outside Nigeria in different industries ranging from Manufacturing to Financial Services. He was the Group Enterprise Manager at Heirs Holdings and the CFO at Tenoil Energy, CFO at Heirs Insurance Limited, CFO and Head of Strategic Management Office (SMO), at Union Assurance (Now Allianz Nigeria) and CFO at IGI Ghana Limited.

He obtained his BSc in Economics from Olabisi Onabanjo University in 2009. He qualified as a Chartered Accountant in 2002 and became a Fellow of the Institute of Chartered Accountants (ICAN) in 2013. He obtained his Balanced Scorecard Professional Certificate from the balanced Scorecard Institute, the USA in 2010.
He is also a Licenced International Financial Analyst. He is currently an executive student of the prestigious Lagos Business School (LBS) where he is running an Executive MBA program.

Shedrack is happily married with 4 beautiful children.

MultiChoice Introduces a Brand-New Channel “HONEY”

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MultiChoice Introduces a Brand-New Channel “HONEY”

MultiChoice, Africa’s most-loved storyteller is proud to announce a brand-new Pan-African lifestyle channel on our DStv platforms, HONEY, on DStv channel 173.

As part of our ongoing effort to enhance our customers’ viewing experience and delight them with additional content, MultiChoice is thrilled to bring this latest venture in African storytelling. HONEY launches on Friday, 12 February 2021 and will be available for Premium Compact Plus, and Compact.

MultiChoice Introduces a Brand-New Channel “HONEY” Brandspurng

HONEY is a bold, unscripted lifestyle TV channel for curious and connected Africans. The channel is about celebrating and exploring African lives and loves, and the content is focused on lifestyle, fashion, food, weddings, dating, as well as reality.

MultiChoice Nigeria CEO John Ugbe, says the move follows consistent, upward lifestyle-viewership trends on the continent.

“DStv is thrilled to launch HONEY. The channel is part of our commitment to keeping bringing fresh, authentic, and local content to our Nigerian subscribers. For many years, we’ve seen lifestyle is a popular genre in the country; and now our subscribers will see their own talent, food, celebrations, and their families as the well-deserved hero.”

The channel will be broadcast in all key African regions including Nigeria, Ghana, Kenya, Uganda, Namibia, Botswana, Malawi, Zambia, Angola, Mozambique, Tanzania, DRC, Cameroon, and South Africa. Keeping with the continent’s effervescent energy and vibrancy, the channel will be a tapestry of African producers with exciting storylines and cross-continental casting, making HONEY, a go-to channel for authentic African storytelling.

Head of Content at MultiChoice, Aletta Alberts says:

“Africa’s dynamism and way of life is the perfect ingredient for this exciting channel. HONEY is going to add a sweet and sticky flavour to our subscriber offering. Lifestyle content is the ideal vehicle to reflect the continent’s diversity and sameness. Everyone curious about food, style, and weddings is in for a treat.”

The MultiChoice channel is packaged by Media24’s television unit, which is also responsible for Afrikaans lifestyle channel, VIA.

Izelle Venter, HONEY’s Channel Head says:

“Media24 is delighted to collaborate with MultiChoice on this new adventure. The goal is to combine both companies’ best qualities, experiences, and knowledge to serve DStv subscribers with a new channel that is familiar, unique and entertaining.”

The key ingredient to HONEY is the channel’s focus on authentic African storytelling. In a ground-breaking content creation model, the channel has partnered with producers from all corners of the continent to create hundreds of fresh hours of exciting African shows, ensuring that HONEY is indeed the place where all Africans feel at home.

“We are working with producers across the continent to ensure the lifestyle stories we tell are real and relevant,” says Zinzi Velelo, HONEY’s Head of Content. “Our goal is to showcase the characters, talent and dynamics of everyday African life as never before.”

Manage your subscription via the MyDStv app and enjoy this channel and more on the go, anywhere and anytime using the DStv app and Showmax.

UBA’s LEO: Celebrating Three Years of Revolutionised Banking Services

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UBA’s LEO: Celebrating Three Years of Revolutionised Banking Services

Technology has been a veritable gift to mankind, and over the years, it has been responsible for creating amazingly useful resources which put all the information individuals need at their fingertips. The development of technology has also led to so many mind-blowing discoveries, better facilities, and better luxuries, which has, in turn, helped to improve lifestyle and standard of living.

UBA-introduces-Leo-brandspurng

For instance, through relevant technological development, the average individual has been empowered to shop online and carry out seamless transaction any time of the day or night from the comfort of his own home or business place.

To this end, forward-thinking companies and financial institutions with eyes in the future who have been conversant with the new trend in customer behaviour, have painstakingly designed new products and services tailor-made to meet the growing needs of customers anytime anywhere.

It is bearing this in mind that Pan-African Financial Institution, United Bank for Africa (UBA) Plc, changed the face of e-banking in the African continent for the first time with the introduction of Leo – UBA’s Chat Banker. The idea of Leo, which was birthed in 2018, was to enable customers to make use of their social media accounts to carry out key banking transactions with ease.

This is the first time ever that a financial institution in Africa evolved a one-stop solution to simplify the way customers transact, a key essential in today’s fast-paced world with demands for quick-time transactions and response.

With Leo’s help, customers have been able to open new accounts with ease, receive instant transaction notifications, check their balances on the go, transfer funds and airtime top-up. Cheque confirmation, bill payments, loan application, account freezing, request for mini statements, flight bookings, airtime and data purchases, are some other services that the chat banking BOT has been helping customers to carry out since 2018.

And Leo, the Artificial Intelligent Bot which carries out seamless conversations with his customers – who he calls his friends by the way- has achieved this and more in its three-year existence; allowing users to carry out the quick, fast and recurring transaction with ease from their popular social media accounts such as Facebook and Whatsapp.

LeoOnWhatsapp_socialmedia-brandspurng

No wonder the bank has earned a lot of laurels and accolades in the last three years confirming Leo’s global acceptance and recognitions, as pointed out by UBA’s Group Managing Director, Mr. Kennedy Uzoka, some of which are:

  • ‘Africa’s Best Digital Bank of the year’ by Euromoney;
  • The Most; Innovative Bank of the Year’ by International Finance;
  • ‘Best Customer Engagement Tool’ by Africa Fintech;
  • Pulse magazine rated Leo on WhatsApp as ‘The best WhatsApp Banking App’;
  • ‘The Best Social Banking platform’ in Uganda;
  • ‘Excellence in Automated Chatbot Initiative’ by Finnovex Awards;
  • ‘Next Generation Class of 2019’ by CIBN;
  • ‘Best Automated Chatbot Initiative, Application or Programme’ by The Asian Banker.

The list is endless.

“The formulation of this product, is consistent with UBA’s Customer 1st philosophy, where we have been doing things not the way we like, but focusing on what the customers want, where they want it, and in the exact platform they want it; Uzoka explained.

“At UBA, we have been continuously working with technology giants that have the global capacity to ensure not only seamless but also effortless banking for the millions of our customers across Africa; as all the bank’s subsidiaries in Africa have activated Leo to perform financial services for customers.

Continuing, he said,

“Since 2018, Leo has been helping with most transactions and to deliver any form of banking services. And this has been highlighted more especially during the lockdown occasioned by the COvid-19 virus, as Leo assisted all its users on all major social media platforms to carry out all their banking activities without having to physically visit a branch.

This, to us, remains an admirable feat because with Leo, the banking needs of our customers have become easy and simple – as simple as chatting”.

Within three years of operations, UBA’s Leo has recorded a number of milestones including opened a total of 390,756 accounts; achieving 2,169,384 subscribers; conducting a total of 9,605,703 transaction count worth a value of N81,530,918,868.

Leo which has over 2.1m unique users has also generated over 20 million conversations and over 85 million engagements; with such impressive feedback and usage and remains the only AI BoT showcased at the F8 in Mark’s Zuckerberg’s opening remarks.

UBA’s Group Head, Digital Banking, Sampson Aneke, reiterated that Leo is not just a chat machine, but an artificial intelligence personality meant to address any type of banking concerns raised by customers.

“Leo has been operating a secure lifestyle banking platform on Facebook Messenger, WhatsApp and IOS and Andriod to assist customers with their transactions while chatting with your friends and business partners.

The security with this platform has been that for every transaction, a One Time Password (OTP) is generated to the phone number that is registered on your account,” he explained and added that the bank is working tirelessly to improve LEO’s services to the customers in the coming weeks.

United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than twenty-one million customers, across over 1,000 business offices and customer touchpoints, in 20 African countries.

With a presence in the United States of America, the United Kingdom and France, UBA is connecting people and businesses across Africa through retail; commercial and corporate banking; innovative cross-border payments and remittances; trade finance and ancillary banking services.

Heineken South Africa to Slash jobs due to Alcohol ban impact

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Heineken South Africa to Slash jobs due to Alcohol ban impact

Heineken has announced that it will cut 70 jobs and put investments on hold in South Africa, following the impact of alcohol bans amid the Covid-19 pandemic, according to Reuters.

The brewer’s South African arm says there has been a significant impact from bans on alcohol sales and Covid-19 trading restrictions. At the end of December, the country banned alcohol sales for the third time to help reduce the pressure on emergency services.

Heineken South Africa to Slash jobs due to Alcohol ban impact

According to Reuters, about 30% of local breweries have been forced to shut their doors permanently and some have abandoned planned investments. Several publications have reported that Heineken marks the first major company to make significant cuts as a result of alcohol bans.

With just under 1,000 full-time employees at Heineken South Africa, 70 will lose their jobs as the brewer looks to restructure its operations to build a future for the business.

The news comes after Heineken announced in October that it will cut jobs at its head and regional offices in 2021, despite beer volume sales improving in the third quarter, relative to Q2. The South African market had been mentioned within previous financial results with references to poor beer volumes amid lockdown restrictions.

“Prior to considering this action, the company implemented various cost mitigation measures throughout 2020,” said Heineken South Africa human resources director, Yvonne Mosadi, as cited by Reuters.

“Unfortunately, given the ongoing challenging situation the company finds itself in, these measures are no longer adequate to manage and sustain the operating costs of the business.”

Last year, Heineken South African cancelled plans to build a ZAR 6 billion ($403 million) brewery in KwaZulu-Natal after a second ban on alcohol sales was announced.

Reuters reported that Heineken said other new investments will also be placed on hold. The owner of the Amstel and Sol brands will continue to review its cost and organisational structure to meet future needs of the business.

Gov. Fayemi Inaugurates Egbeja Snail Village In Okemesi Ekiti (Photos)

Esan Bolaji
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Gov. Fayemi Inaugurates Egbeja Snail Village In Okemesi Ekiti (Photos)

In line with the Ekiti State Government’s policy of encouraging private investments in the state, Governor, Dr. Kayode Fayemi, has inaugurated multi-billion naira Egbeja Snail Village, Okemesi Ekiti, on Tuesday, January 19, 2021.

The project, which is a private initiative of Farmkonnect Agribusiness Nigeria Limited, in partnership with Touchstone Snails Technology, Cyprus, is designed to be the largest snail farm in Nigeria and second-largest in Africa, with the capacity to produce a minimum of 2.6 million kg (2,600 metric tons) of snails per annum.

Gov. Fayemi Inaugurates Egbeja Snail Village In Okemesi Ekiti (Photos) Gov. Fayemi Inaugurates Egbeja Snail Village In Okemesi Ekiti (Photos)

Founder of Farmkonnect Agribusiness, Azeez Oluwole Saheed, said he decided to set up the integrated snail farm in Okemesi Ekiti because of Ekiti State’s friendly investment environment made possible by the ease of doing business policy of the Dr. Kayode Fayemi administration.

Gov. Fayemi Inaugurates Egbeja Snail Village In Okemesi Ekiti (Photos) Gov. Fayemi Inaugurates Egbeja Snail Village In Okemesi Ekiti (Photos) Gov. Fayemi Inaugurates Egbeja Snail Village In Okemesi Ekiti (Photos)

He said over N5.2 billion had been committed to the integrated snail farm project with the capacity to employ over 2,000 skilled and unskilled personnel. He added that aside from snail meat that would be produced at the farm, slime extracted from the snails would be exported as it is in high demand in pharmaceutical and skin and hair care industries.

Gov. Fayemi Inaugurates Egbeja Snail Village In Okemesi Ekiti (Photos) Gov. Fayemi Inaugurates Egbeja Snail Village In Okemesi Ekiti (Photos) Gov. Fayemi Inaugurates Egbeja Snail Village In Okemesi Ekiti (Photos)

Consumers Commend the Launch of Hollandia Slim Evaporated Milk

Esan Bolaji
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Consumers Commend the Launch of Hollandia Slim Evaporated Milk

Consumers have extolled the qualities and health benefits of Hollandia Slim Evaporated Milk, barely three months after it was introduced into the Nigerian market by CHI Limited. For them, it provides a nourishing evaporated milk option that helps to complement their healthy, trendy and confident lifestyle.

As more consumers embrace a healthy lifestyle, they are increasingly adopting healthy dairy complements for weight maintenance and personal confidence. Hollandia Slim Evaporated Milk is a nourishing 50% less fat evaporated milk targeted at consumers conscious of their health and desirous of an optimum weight and body shape.

CHI-Limited-Launches-Hollandia-Slim-Evap-Milk-Brandspurng

Hollandia Slim Evaporated Milk is a partially skimmed evaporated milk product with 50% less fat, higher Protein, Calcium, Magnesium, Phosphorus, seven B-Vitamins and Vitamin D3. It is the first of its kind in the low-fat segment of the evaporated milk category in Nigeria.

Helen Bassey, a management consultant, said she cares very much about what she consumes and Hollandia Slim Evaporated Milk holds a special attraction for her because of its 50% less fat content. She noted that the milk fits the bill for consumers like her in their journey to maintain her ideal body shape.

“I would say my body shape is in between. I am neither slim nor fat, but I love my body shape the way it is. There are people who are a little chubby and they love their shape that way.

However, I do my best to stay fit and embrace a healthy lifestyle. I used to be concerned about what milk I consume in order to maintain my weight; however, I am pleased that Hollandia Slim Evaporated Milk enables me to indulge in the goodness of milk and help maintain my body shape with confidence,” she stated.

For Michael Okoruwa, a Lagos based IT expert, the new Hollandia Slim Evaporated Milk appeals to both gender as he has found the milk useful for both healthy nourishment and achieving his body goals.

“My colleague in the office brought this milk to my attention with her daily usage to complement varied diets.

Like some people, I initially thought the milk was for weight loss or slim people but upon closer look and enquiry, I found out it was essentially nourishing and healthy milk with 50% less fat than normal milk. It was useful in helping me stay in shape and healthy,” he noted.

Brand Manager, Hollandia Slim Evaporated Milk, Mrs. Bose Ogunyemi, stated that the positive consumer feedback since the introduction of Hollandia Slim Evaporated Milk was a testament to how the brand has resonated with consumers in their quest to balance dairy nourishment and their body goals.

“With 50% less fat, and high Vitamin and Mineral contents, Hollandia Slim Evaporated Milk offers dairy nourishment as a part of a healthy lifestyle for weight maintenance. Having an active lifestyle coupled with a healthy diet will help consumers achieve their body goals.

It does not make you lose bodyweight either is it suited for only slim people. We believe that as the positive word on the brand spreads, more consumers would be encouraged to try Hollandia Slim Evaporated Milk with their varied diets that complement a healthy lifestyle,” she stated.

Hollandia Slim Evaporated Milk is available in 60g, 120g, and 190g pack sizes which retail for N50, N100 and N150 respectively. The products can be purchased in supermarkets, departmental stores, markets, neighbourhood stores, and kiosks across Nigeria.

Daimler AG’s Market Cap Jumped by €9B YoY, BMW and Volkswagen Group Down by €8bn

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Daimler AG’s Market Cap Jumped by €9B YoY, BMW and Volkswagen Group Down by €8bn

The COVID-19 crisis has had a severe impact on the German auto industry, causing massive revenue and market cap drops to companies operating in the sector. However, not all German carmakers’ stocks have performed the same in times of economic turmoil caused by the pandemic.

According to data presented by Stock Apps, the market capitalization of Daimler AG jumped by €9bn year-on-year, reaching €61.8bn in January. At the same time, the combined value of stocks of the other two major Garman carmakers, BMW and Volkswagen Group, plunged by €8bn.

Daimler AG’s Market Cap Jumped by €9B YoY, BMW and Volkswagen Group Down by €8bn

Volkswagen Group Lost €6.7B in Market Cap Amid COVID-19 Crisis

As one of the largest national economy segments, Germany’s auto industry supports around 830,000 jobs and directly accounts for more than 5% of gross domestic product.

The coronavirus pandemic hit German carmakers when they were already facing a plunging global demand, costly transition to electric and self-driving cars, and pollution concerns, worsen by the Dieselgate emissions scandal.

Daimler AG is the only German carmaker whose stock price increased despite the effects of the COVID-19 crisis. In December 2019, the market capitalization of Germany’s second-largest car manufacturing group amounted to €52.8bn, revealed the Yahoo Finance data.

After a sharp fall to €29.4bn in March 2020, this figure recovered to €49.2bn in September last year and continued rising. Statistics show the combined value of stocks of Daimler AG jumped by 17% year-over-year and hit €61.8bn last week.

The BMW Group lost nearly €1.3bn in market capitalization in the last year, with the figure falling from €47.1bn in December 2019 to €45.8bn last week.

Statistics show that Volkswagen Group, as the largest car manufacturing group in Germany and Europe, has taken the hardest hit amid the COVID-19 crisis. Although the company managed to reduce the effects of the coronavirus pandemic in the first half of the year, the Q3 2020 financial report revealed severe losses. Between January and September, the Group’s sales revenue plunged by $31.1bn to $155.5bn, almost a 17% drop in a year.

The COVID-19 outbreak caused an 18.7% drop in vehicle deliveries, with 6.5 million units sold in the nine months of 2020. The Yahoo Finance data also revealed the Volkswagen Group market cap plunged by 17% in 2020, falling from €87.6bn in December 2019 to €80.9bn last week.

Volkswagen Group Accounted for One-Quarter of New Car Registrations in Europe in 2020

The COVID-19 crisis triggered a sharp fall in the number of car registrations in Europe, the biggest market for German cars besides China. Although car demand in European markets started showing signs of recovery in the second half of 2020, the number of new car registrations dropped by 12% between November 2019 and 2020, revealed the European Car Manufacturers Association data.

The French, UK, and Spanish markets saw the largest fall in November sales, with 47,000, 43,000, and 17,500 units drop, respectively. Germany recorded the highest sales volume among all markets, with more than 290,000 units sold in November.

Statistics show the Volkswagen Group accounted for one-quarter of new car registrations in European markets between January and November 2020, almost double than BMW Group and Daimler AG combined. PSA Group ranked second with a 14.5% market share in this period. Renault Group and Hyundai followed, with 10.3% and 7.1% market share, respectively.

UEFA.com Fans’ Teams of the Year 2020 announced

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UEFA.com Fans’ Teams of the Year 2020 announced

Olympique Lyonnais and FC Bayern München players dominate fans’ vote

After over a month of voting during which almost 6 million votes were cast, the UEFA.com women’s and men’s Fans’ Teams of the Year 2020 can now be revealed.

UEFA.com Fans’ Teams of the Year 2020 announced Brandspurng

For the 20th year running, football supporters around the world were invited to select their teams from shortlists of 50 elite players playing for clubs in UEFA’s 55 member associations in 2020. As well as the men’s poll, fans were also given the chance to select their women’s Team of the Year for the first time, reflecting the ever-increasing appeal of the women’s game.

The UEFA.com Fans’ Women’s Team of the Year 2020:

  • Sarah Bouhaddi (Olympique Lyonnais & France)
  • Lucy Bronze (Olympique Lyonnais/Manchester City FC & England)
  • Kadeisha Buchanan (Olympique Lyonnais & Canada)
  • Wendie Renard (Olympique Lyonnais & France)
  • Magdalena Eriksson (Chelsea FC & Sweden)
  • Kheira Hamraoui (FC Barcelona & France)
  • Amandine Henry (Olympique Lyonnais & France)
  • Delphine Cascarino (Olympique Lyonnais & France)
  • Sara Björk Gunnarsdóttir (VfL Wolfsburg/Olympique Lyonnais & Iceland)
  • Daniëlle van de Donk (Arsenal FC & Netherlands)
  • Pernille Harder (VfL Wolfsburg/Chelsea FC & Denmark)

The inaugural UEFA.com Fans’ Women’s Team of the Year includes six of Olympique Lyonnais’ UEFA Women’s Champions League title-winning squad. The eleven selected players represent six different clubs and seven countries, with France (five players) being the most represented nation.

The team features the 2020 UEFA’s Women’s Player of the Year Pernille Harder, who inspired VfL Wolfsburg to another German double and UEFA Women’s Champions League final before moving to Chelsea FC later in the year. She also helped Denmark qualify for UEFA Women’s EURO 2022 in impressive fashion.

The UEFA.com Fans’ Men’s Team of the Year 2020:

  • Manuel Neuer (FC Bayern München & Germany)
  • Joshua Kimmich (FC Bayern München & Germany)
  • Sergio Ramos (Real Madrid CF & Spain)
  • Virgil van Dijk (Liverpool FC & Netherlands)
  • Alphonso Davies (FC Bayern München & Canada)
  • Thiago Alcántara (FC Bayern München/Liverpool FC & Spain)
  • Kevin De Bruyne (Manchester City FC & Belgium)
  • Cristiano Ronaldo (Juventus & Portugal)
  • Lionel Messi (FC Barcelona & Argentina)
  • Neymar (Paris Saint-Germain & Brazil)
  • Robert Lewandowski (FC Bayern München & Poland)

Here are some key facts about the 20th annual selection of the UEFA.com Fans’ Men’s Team of the Year:

  • Three players make their debut in the team – Kimmich, Thiago Alcántara and Davies, who is the first-ever Canadian to make the UEFA.com Fans’ Team of the Year.
  • The 11 players represent seven clubs and nine countries, Germany and Spain both being represented by two players.
  • The team features five players from 2019/20 UEFA Champions League winners FC Bayern München, including UEFA’s Men’s Player of the Year Robert Lewandowski. The Polish striker also won the domestic league and cup double with his club.
  • Cristiano Ronaldo was selected for the 15th time and has been in every Fans’ Team of the Year since 2007.
  • Lionel Messi, who scored 26 goals for FC Barcelona in UEFA and domestic competitions in 2020, features for the 12th time.

Nominees and Winning Team

The 50 nominees for the women’s and men’s edition were selected by the UEFA editorial team, based on the players’ performances in UEFA competitions and domestic competitions within UEFA member associations from January to December 2020.

Fans had from 30 November 2020 until 6 January 2021 to select their favourite XIs from two shortlists of 50 elite players – five goalkeepers, 15 defenders, 15 midfielders and 15 forwards – all of whom appeared for clubs or national teams in one of UEFA’s 55 member associations in 2020.

The two winning sides reflect the votes of the fans in parallel with players’ achievements over the course of the calendar year and were validated based on input from a UEFA technical observer panel throughout the course of the year.

All users who submitted a team will now be entered into a prize draw to win a VIP trip to both the men’s and women’s UEFA Champions League finals.

Value of Top Three Bundesliga Football Clubs Plunged by €105M in a Year

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Value of Top Three Bundesliga Football Clubs Plunged by €105M in a Year

The COVID-19 pandemic left a significant mark on the entire football ecosystem, facing clubs with considerable drops in revenue and market value, and German football clubs are no exception.

According to data presented by Safe Betting Sites, the market value of FC Bayern Munich, Borussia Dortmund, and RB Leipzig, as the top three Bundesliga clubs, plunged by €105 million year-over-year to around €2bn in 2021.

Value of Top Three Bundesliga Football Clubs Plunged by €105M in a Year Brandspurng

Borussia Dortmund`s Value Plunged by $75.8M

Before the COVID-19 pandemic, Germany had the best-supported league in Europe, with an average of over 43 thousand fans flocking to the stadiums to watch the live-action every weekend.

The WeltFussball data show Bayern Munich had the largest attendance in the Bundesliga, with an average of 57,353 spectators attending their home league games during the 2019/20 season. However, these figures were significantly lower than in previous seasons as the final eight rounds of fixtures were played behind closed doors due to the COVID-19 lockdown.

As the leading Bundesliga club, Bayern Munich was valued at €911.7 million last season, revealed TransferMarkt data. However, this figure plunged by €20.3 million to €891.4 million in 2021.

Statistics show that Borussia Dortmund lost nearly €76 million in market value amid the COVID-19 crisis, the most significant drop among the top three Bundesliga clubs. Germany’s second most-valuable football club was valued at €691 million last season. This figure plunged to €615.2 million in 2021.

The market value of RB Leipzig, the third-largest football club in Germany, dropped by €9.2 million in a year landing at €552.6 million in the season 2020/2021.

Erling Haaland`s Market Value Jumped by €40B in 2020, the Biggest Increase Among Top Players

Erling Haaland ranked as the most expensive Bundesliga footballer with a valuation of €100 million as of November 2020. The TransferMarkt data revealed the market value of Borussia Dortmund`s centre-forward player jumped by €40 million last year, the biggest increase among the top Bundesliga players.

His team-mate Jadon Sancho also hit €100 million in market value in November, €30 million less than in March last year.

FC Bayern Munich’s right-winger Serge Gnabry, as the third most expensive footballer in Bundesliga, was valued at €90 million in November, the same as at the beginning of 2020.

The TransferMarkt data also showed Leroy Sané`s €45 million worth transfer to Bayern Munich was the highest expenditure of the German Bundesliga in the season 2020/2021. Patrick Schick`s transfer to Bayer Leverkusen and Emre Can`s transfer to Borussia Dortmund ranked second and third, with €26.5 million and €25 million values, respectively.

50% of Passenger Vehicles Will be Electric by 2040

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50% of Passenger Vehicles Will be Electric by 2040

50% of Passenger Vehicles Will be Electric by 2040

On a global scale, passenger electric vehicles shot up from 450,000 to 2.1 million in 2019. According to A BloombergNEF report, there was a brief slump in 2020, sending the figure down to 1.7 million.

Total Electric Vehicle Sales Worldwide

Hybrid Car Sales Account for 16% of Toyota 2020 Sales, Up by 23% YoY Brandspurng2
Source: BloombergNef

By 2025, however, it is estimated that sales will reach 8.5 million as new markets open up and battery prices drop. The figure is projected to rise to 26 million by 2030, more than doubling to 54 million by 2040.

Demand for raw materials for electric car batteries set to rise further Brandspurng
Photo by Andrew Roberts on Unsplash

According to the report, by 2040, 50% of passenger vehicles will be powered by electricity. As of 2020, the global penetration rate stands at 2.7%. It is set to increase to 10% by 2025, further to 28% by 2030 and reach 58% by 2040.

The penetration rate in markets like China and Europe is much higher than the global average. However, it is dragged down by emerging markets where adoption is still limited.

China will continue accounting for the lion’s share of global EV sales, reaching 54% in 2025. But as adoption becomes more widespread, the share will drop to 49% in 2030 and further down to 33% by 2040.

Despite the impressive growth in electric vehicle sales, there is a risk that the market could become crowded. BloombergNEF estimates that there could be up to 500 models of EVs available globally by 2022.

During the year 2020, Toyota Motor North America (TMNA) posted sales of 2.11 million vehicles. Compared to its 2019 performance, it marked a decline of 11.3% in sales volume.

For the 21st consecutive year, it was the top manufacturer globally when it comes to alternative vehicle sales. These include all-electric, fuel cell and hybrid vehicles.

According to the research data analyzed and published by Sijoitusrahastot, in the hybrid vehicle segment, Toyota sold a total of 337,036 cars during the year, an increase of 22.7% year-over-year (YoY). Compared to the total sales volume, hybrid sales accounted for a 16% share.

Toyota Hybrid Car Sales in the US in 2020

Hybrid Car Sales Account for 16% of Toyota 2020 Sales, Up by 23% YoY Brandspurng
Source: Toyota
Hybrid Car Sales Account for 16% of Toyota 2020 Sales, Up by 23% YoY
Source:https://i.imgur.com/eUQT0ES.png

With the inclusion of the new Venza, Mirai and Sienna models, the company now has a total of 14 alternative vehicles on its lineup.

Though hybrids have been around for about two decades, they are experiencing a gradual resurgence. Toyota is not the only automaker keen on capitalizing on the trend.

Volkswagen reported having sold a total of 190,500 hybrid plug-ins in 2020, marking a 175% increase over 2019.

BMW hybrid sales totaled 148,000 during the year, marking an increase of nearly 40% compared to the previous year. Comparatively, its fully electric vehicle sales soared by 13% and overall vehicle sales plummeted by 8%.

Its lineup of alternative energy vehicles stood at 13 models by the end of 2020. The automaker plans to increase the number to 25 by 2023.

Daimler’s Mercedes Benz sold a combined total of 160,000 hybrids and fully electric vehicles. Compared to the previous year, this was a 228.8% increase. Its share of the vehicles rose from 2% in 2019 to 7.4% in 2020 and is set to grow to 13% in 2021.

Electric Vehicles Accounted for 54.3% of Norway Auto Sales in 2020

Alternative energy vehicle sales thrived in key markets during the year. In China, the top electric vehicle (EV) market globally, EV sales reached an estimated 1.3 million, up by 8% year-over-year (YoY) according to SP Global.

These included 1.1 million full EVs as well as 251,000 plug-in hybrids. In the month of December 2020 alone, sales of these new energy vehicles soared by 50% to 248,000 units.

SP Global projects that in 2021, EV sales could soar by up to 40% to reach 1.8 million units. In contrast, total vehicle sales could rise by 4% to 26 million units during the year. Growth in China’s electric vehicle sales is expected to remain stable in the coming years, to reach 6 million by 2025.

On the other hand, in Europe, EV sales surged to 500,000 in the first ten months of 2020, compared to 354,000 in the whole of 2019. Sales of plug-in cars, including hybrids, crossed the 1 million thresholds during the year.

The upsurge comes amid tightening regulations on vehicle emissions. By 2030, new cars that run solely on diesel or petrol will be banned in the region.

These regulations drove remarkable growth in Norway, where EVs accounted for 54.3% of all new cars sold during 2020. To highlight the massive growth, their share of the country’s auto market was 42.4% in 2019 and only 1% 10 years ago.

Total Electric Vehicle (EV) Sales in Norway in 2020

Hybrid Car Sales Account for 16% of Toyota 2020 Sales, Up by 23% YoY Brandspurng1
Source: The Guardian

It is now the first country in the world where sales of new energy vehicles have surpassed those of hybrid, petrol and diesel-powered engines. In December 2020, these vehicles captured a 66.7% share of the country’s overall auto market.

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