Masutha was initially linked to Richards Bay FC, who then instead signed former AmaZulu assistant coach Allan Freese as their head coach recently.
Freese made his debut for Richards Bay when they lost 2-1 against Chippa United during the PSL promotion/relegation play-offs match played at Nelson Mandela Bay Stadium at the weekend.
Callies boss Moses Malada has now moved swiftly to offer Masutha a new contract to remain with the Tshwane outfit next season.
"We are keeping Joel Masutha as our coach next season. Unfortunately, I can't reveal the length and details of the contract because mostly, people like it to remain confidential," Malada tells snl24.com/kickoff.