Amakhosi have been strongly linked with Erwin Isaacs and Matthew Rusike, but the club's football manager Bobby Motaung made it clear Baxter has the last say.
KickOff.com spoke to the Englishman today to ascertain whether Chiefs would be signing any more players, and Baxter says he will decide after the Soweto Derby.
"I think the match against Pirates will give me a very good idea of where we stand in terms of the balance of the squad, because Pirates have been the superior team in the last two seasons," he says.
"We will obviously need one or two players as we go along, because a club like Chiefs is always monitoring the market. At this moment I can say we have no definite targets, but the Pirates match will give us an idea whether we need more," Baxter adds.