Igesund’s employers, the SA Football Association (Safa), are set to make the announcement this afternoon.
The decision was expected to be finalised last week but the governing body’s president, Danny Jordaan, said they could not make the announcement in Igesund’s absence.
The national coach arrived back in the country late on Saturday afternoon from the national team’s Australasian tour, having guided Bafana to two draws against Australia and New Zealand.
They first shared the spoils in a 1-1 result against World Cup-bound Australia.
Four days later they ended their tour with a goalless stalemate against New Zealand.
These matches were seen as a chance for Igesund to save his job, but as the results were not positive, it does not look good for the multiple Premiership winning coach.
Speculation is rife that either Stephen Keshi or Carlos Queiroz will take the position, but Safa’s Achilles heel in appointing Queiroz, who is head coach of Iran at the World Cup in Brazil, may be the cost of his pay package.
The Portuguese coach is said to be on a salary of R1-million a month with the Iranian national team.
Queiroz is also said to have had numerous meetings with Safa president Danny Jordaan for a possible return to the post he held in 2002.
Keshi’s appointment, meanwhile, could rest on the failure of negotiating with Queiroz.
The Nigerian coach has done well with his native country.
Safa’s NEC meets at 3pm and the announcement of the coach is expected to be made soon afterwards.