This news should finally end speculation over the future of the iconic World Cup stadium with many soccer supporters still of the belief that the structure would be torn down if not continually utilised.
The Urban Warriors revealed on their website that an agreement has been reached with the City of Cape Town.
Ajax CEO George Comitis added: "Cape Town Stadium is a public asset and managing a public asset like this elevates the demand for its usage by local organisations. We are proud to be associated with the Cape Town Stadium and to call this our home.
"We have plans to make sure that this partnership works to the benefit of all Capetonians
"We are privileged to train at a world class facility like Ikamva and play at a world class venue, the Cape Town Stadium.
"This has always been the vision of Ajax Cape Town football Club."
Ajax Cape Town also reported a 150% increase in spectator attendances at home games when they used the stadium last season with over 31 000 people in attendance at their final Premier Soccer League clash with Maritzburg United.