Yip, it is possible. AIC 18.33 stipulates the requirements and paperwork you need to submit within 30 days of your recurrency check with your foreign operator.
You can find it here:
http://www.caa.co.za/resource%20cent...IC%2018.33.pdf
Information on the fees can be found here:
http://www.caa.co.za/resource%20cent...ing%20Fees.htm