Makgalwa was promoted to the Sundowns first team at the start of the season, along with versatile defender Thendo Mukumela.
The 21-year-old winger has made two substitute appearances for the Brazilians this season, coming on in the 2-1 win over Ajax Cape Town and again in the 3-1 defeat to Orlando Pirates.
Makgalwa, who last season won the MultiChoice Diski Challenge's Most Precious Find award, has since caught the eye of Chippa United coach Teboho Moloi, who is keen to lure the winger to Port Elizabeth.
Mosimane admits having received enquiries from the Chilli Boys over his up-and-coming attacker, and says there is a chance that he could leave on loan until the end of the season.
"Yes, they [Chippa] like him. They want him. It's possible [that he might go] but I still have to calculate the numbers in my squad," 'Jingles' tells KickOff.com.