Pauw steered the national women's team to a fourth-placed finish at the CAF event in Windhoek, with the top three sides qualifying for the 2015 Women's World Cup in Canada.
SAFA CEO Dennis Mumble is pleased with Banyana's progress since Pauw took charge eight months ago.
"I don't want to jump the gun but I feel that she is still needed in South African football," said Mumble.
"We haven't yet spoken about it but will probably do it very soon.
"I don't think we will go elsewhere and look for another coach."
He added: "She made a hell of difference in the national team. We still need to sit down with her and talk about her plans.
"We are proud of the team regardless of what happened in Namibia."