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

South Africa Data Center Colocation Market - Supply and Demand Analysis and Forecast 2026-2031 | AI, Cloud, and Connectivity Investments Fuel 12.09% CAGR Through 2031

2026-10-07 08:38 • GlobeNewswire Inc. Positive Axe Cap view: Selective

South Africa's data center colocation market is projected to grow at 12.09% CAGR through 2031, driven by cloud adoption, AI deployment, and enterprise digitalization. The market is expected to reach 2.07 million square feet of utilized area and 55.91 thousand rack units by 2031. Major operators including Teraco, Africa Data Centres, and Vantage Data Centers are expanding capacity, while power reliability and talent shortage remain key challenges.

Axe note: South Africa's data centre market is growing fast, driven by AI and cloud demand, but key risks remain.

Meet the Dividend King That's Down 50% and Yields More Than It Has in Years

2026-10-07 08:30 • The Motley Fool Neutral Axe Cap view: Selective

Hormel Foods stock has declined 50.5% over five years due to shifting consumer preferences toward healthier options, but now offers a near-record 5.7% dividend yield. As a Dividend King with 61 years of consecutive dividend increases, the company is viewed by some analysts as undervalued and a potential rebound candidate, particularly given its recent acquisition of Brakebush Brothers chicken company and strong protein consumption trends.

Axe note: Hormel Foods offers a rare high dividend yield amid a lengthy share price decline, raising the question of value versus risk.

5 Stocks That Have Doubled Their Dividend in the Last 7 Years to Buy in October

2026-10-07 08:15 • The Motley Fool Positive Axe Cap view: Selective

Five consumer stocks—Williams-Sonoma, Domino's Pizza, TJX Companies, Lowe's, and Costco Wholesale—have all more than doubled their dividends since 2019. Each company is backed by specific growth initiatives: Williams-Sonoma's AI shopping assistants, Domino's loyalty program expansion, TJX's off-price retail strength, Lowe's professional contractor market acquisitions, and Costco's strong membership renewal rates. However, some face headwinds like Domino's slower sales and Costco's declining comparable sales growth.

Axe note: Certain US consumer stocks have doubled dividends since 2019, but how should South African investors read into this story today?

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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