Axe Capital Investments

Clear market notes built around the JSE, the rand, and what matters locally.

Axe Capital Trading News shares simple market takes on the stories moving South African shares, the rand, and a handful of major currency pairs.

What you will find here:

1. JSE shares, South African companies, and the local knock-on effects of big market news.

2. The rand, interest rates, and a small group of forex pairs, with USD/ZAR at the centre.

3. Global stories only when they can actually change how a local investor might act.

Latest market stories

Could Redwire Be the Next Rocket Lab?

2026-10-24 15:43 • The Motley Fool Mixed Axe Cap view: Selective

Redwire is expanding beyond its core space technology business into defense with strong Q2 results showing 90% revenue growth and a $542 million backlog, positioning it as a potential growth story similar to Rocket Lab. However, both companies face execution risks—Redwire must convert growth into sustainable profits while Rocket Lab delays its Neutron rocket launch to 2027, pressuring its stock.

Axe note: Redwire’s strong growth in space and defense looks promising, but execution risks remain high.

MPLX Stock Pays a Hefty 7.4% Dividend Yield. Here's How Much $10,000 Generates in Passive Income Each Year.

2026-10-24 15:34 • The Motley Fool Positive Axe Cap view: Selective

MPLX LP, a midstream energy company, offers a 7.4% dividend yield, generating $740 annually on a $10,000 investment. The company has increased its dividend for 19 consecutive years, with payouts growing from $2.04 per share in 2016 to $4.31 currently. MPLX has delivered strong stock performance averaging 10.9% annually over 10 years, though it trades at a slightly elevated valuation with a forward P/E of 12. As an MLP, investors must handle additional K-1 tax forms.

Axe note: MPLX offers a solid 7.4% dividend yield, yet South African investors should consider currency and tax complexities before jumping in.

Alibaba vs. Dick's Sporting Goods: Are Sporting Goods Thriving in the U.S. or Asia in 2026?

2026-10-24 15:20 • The Motley Fool Mixed Axe Cap view: Selective

The article compares Alibaba Group and Dick's Sporting Goods as investment options in 2026. Alibaba, a Chinese tech giant focused on AI and cloud computing, faces slower growth and market share losses in retail despite strong cloud services growth. Dick's Sporting Goods, strengthened by its Foot Locker acquisition, has gained market share in the competitive U.S. sporting goods market and offers better valuation metrics. The author recommends Dick's as the better buy due to its stronger momentum, lower valuation ratios, and clearer growth strategy.

Axe note: Alibaba’s retail weak spot contrasts with Dick’s Sporting Goods’ solid U.S. growth—what this means for JSE and rand investors.

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What we follow

We keep the focus on JSE shares, the rand, and the currency moves that matter most to South African investors.

JSE and rand