According to reports from Sportswire, both players have already linked up with John Maduka's squad, which sits second from bottom with just 11 points from 14 matches.
The timing is notable, with Magesi scheduled to face Pirates at Orlando Stadium on 31 January - a reunion that could test the loanees against their parent club.
The 23-year-old Ndlozi made his Pirates debut against Sekhukhune United in December 2024, but has struggled for minutes behind Deano van Rooyen, Thabiso Lebitso, and Bandile Shandu at right-back.
He has only featured in three matches across all competitions this season, prompting the club to send him out for regular game time.
Luthuli, meanwhile, has yet to appear in a competitive match this season, despite scoring in December when Pirates lifted the Carling Cup after defeating the Carling All-Stars at Moses Mabhida Stadium.
The striker remains behind Tshegofatso Mabasa - who is also set for a loan move to Stellenbosch - along with Evidence Makgopa and Yanela Mbuthuma in the attacking pecking order.
The loan moves continue Pirates' trend of giving fringe players opportunities elsewhere, following similar stints for Yanga Madiba, Thuso Moleleki, Karim Kimvuidi, Goodman Mosele, Abdoulaye Mariko, Tshepho Mashiloane, and Kabelo Kgositsile.
For Magesi, the additions of Ndlozi and Luthuli offer a timely boost as they prepare for the second half of a challenging season.
Magesi FC and Chippa United battled to a thrilling 2-2 draw at Seshego Stadium while Marumo Gallants fell 1-2 to Golden Arrows at Lucas Masterpieces Moripe Stadium in the Betway Premiership.
The Betway Premiership title race took another dramatic turn after Orlando Pirates were held to a 1-1 draw by Siwelele FC at the Orlando Amstel Arena on Saturday afternoon.
Orlando Pirates defender Nkosikhona Ndaba has urged his teammates to be more ruthless in front of goal as the Buccaneers gear up for a crucial Betway Premiership clash against Siwelele FC at the Orlando Amstel Arena on Saturday
Former Orlando Pirates winger Mohau Nkota is attracting increasing interest from clubs around the world following a rise in his market valuation since joining the Saudi Pro League.
