There were reports that the Zimbabwe international could leave Amakhosi at the end of the season, with SuperSport United tipped as favourites to land his signature.
However, he has now put the reports to bed by committing his future to the club he joined in 2011 as a relatively unknown player.
Goal reported in February that Chiefs had resumed talks with Katsande, and that they were confident of extending the midfielder's stay beyond June 2017.
Now, Chiefs have released an official statement confirming the news.
“Midfielder Willard Katsande has put pen to paper to confirm his stay at Naturena for another three seasons. The Zimbabwe international’s signature comes amidst much speculation about his future,” reads the statement on the Amakhosi website.
“Katsande’s new deal will run from 1 July 2017 until 30 June 2020. The hard-tackling midfielder possesses a South African permanent residence status,” the statement said.
Katsande has been an integral member of the Amakhosi squad for the past four seasons, and he continues to command a regular place in Steve Komphela’s team.
He helped the Glamour Boys win two league titles under former coach Stuart Baxter between 2013 and 2015, and since then, Katsande has hardly put his foot off the pedal.
The 31-year-old tough-taclking midfielder expressed delight at finally putting pen to paper.
He confirmed that he had offers elsewhere, but said he never considered leaving the Soweto giants for another local club.
"I am happy at finally renewing my contract with the club," Katsande told the Amakhosi website.
"Since day one I have been happy here, and the club has taken good care of me whether playing or not playing. Deep down I always knew this is what I wanted because even though there were offers elsewhere I knew this is the place for me. I am all about leaving a legacy after my playing career and this massive club offers me that," added Katsande.