“We would like to send our heartfelt condolences to the family, friends, fans and former teammates of Maseko," SAFA president Danny Jordaan said.
"Soccer in general has been robbed of a talented star whose exploits entertained millions of soccer fans at the stadiums and at home.
"His legacy will live on for a long time."
Maseko, passed on Saturday at Chris Hani Hospital in Soweto at the age of 58.
During his playing days, he appeared in the colours of Swallows for 11 years (1972 – 1983).
He also played abroad for Washington Diplomats, San Jose Earthquakes and Phoenix Infernos in the US.
He would be best remembered for his exploits in 1976 in the then National Professional Soccer League (NPSL) when he scored a record eight goals in a single match, helping the Dube Birds to a 13-0 victory over Umlazi Citizens in KwaThema, Springs.
He was married to Gladys Maseko and had three children.