Top news items in major S. African media outlets

The following are news items in South African major news outlets on Wednesday:

-- Acting National Police Commissioner Khomotso Phahlane will approach a court on Wednesday to stop what he believes is a malicious campaign to discredit him.

The Independent Police Investigative Directorate (IPID) has broadened the scope of its investigation and is trying to establish how Phahlane bought and financed at least six cars, including luxury vehicles, over the last three years. (Eyewitness News)

-- The City of Cape Town says it is concerned about the safety of firefighters following an incident earlier in the week when a team were ambushed in Gugulethu by residents who had apparently lured them out by calling them to non-existent blaze.

"It is of great concern that our firefighters appear to have been led into a trap. This callous attack is costing money that the City can ill afford to squander," mayoral committee member for safety JP Smith said.(News24).

-- Despite an improving outlook for the global economy, the South African Reserve Bank's (SARB) Monetary Policy Committee is near the peak in the interest rate cycle, said Overberg Asset Management (OAM) in its weekly overview of the South African economic landscape.

SARB Governor Lesetja Kganyago may lean toward the possibility of interest rate cuts in the second half of the year premised on a stable rand, an absence of political tensions and a gentle trajectory in United States rate increases, according to OAM. (Fin24) Endit