Ace Ncobo with SA Football Association president Danny Jordaan
Chiyangwa, who arrived in the country on Wednesday, confirmed that he met with both Ngcobo and Jordaan to resolve their issues.
“I had a meeting with Safa and it has led to this scenario. There is an agreement that has been signed by both parties. It brings closure to the dispute that had arisen. Ace Ncobo will not stand in the upcoming Safa elections,” said Chiyangwa.
“This was the first time I met Ace. He is a good guy who made it clear he is not interested in the presidency.”
The presidential Safa elections are due to take place on March 24.