The former Orlando Pirates and Mamelodi Sundowns coach is currently without a job after parting ways with Wydad AC recently.
He has been linked with the Buccaneers, who are currently on the lookout for a new mentor following the departure of Jose Riveiro.
Amakhosi, meanwhile, are under the guise of Tunisian head coach Nasreddine Nabi, who ended his side's long wait for a trophy with victory in the 2025 Nedbank Cup.
Mokwena told Marawa Sports Worldwide that he wouldn't consider a switch to Chiefs with Nabi in charge of the team.
When asked about the possibility of joining the Glamour Boys, he said: "It can't be about Kaizer Chiefs because they've got a coach.
“Of course it's a great a club, it's of course got the pressure of doing well also in the domestic league but I think that winning the Nedbank Cup and delivering the first title [in 10 years], and the way they did it, not only just winning it but the way they did it, beating other big teams, I think coach Nabi has earned credit."
Mokwena added: "Sometimes as coaches we need that, we need credit sometimes. And I think he's earned the credit to be given an opportunity to continue to resurrect Kaizer Chiefs."
Percy Tau has confirmed that he is open to offers from all PSL clubs - not just the so-called "big three" of Kaizer Chiefs, Orlando Pirates, or his former side, Mamelodi Sundowns.
Despite his off-the-field issues, midfielder Sipho Mbule could be a good signing for Kaizer Chiefs, according to former Amakhosi player Frank Makua.
Mozambique coach Chiquinho Conde has leapt to the defence of Edmilson Dove following the Kaizer Chiefs defender's error in the 2-0 defeat to South Africa on Tuesday night.
Former Kaizer Chiefs midfielder Reneilwe Letsholonyane has highlighted the intense psychological pressure facing young players at his former club.
