In a 30-minute farewell address to the nation, 75-year-old Zuma said he disagreed with the way the ANC had shoved him toward an early exit after the election of Cyril Ramaphosa as party president in December, but would accept its orders.
The motion, brought the left-wing opposition Economic Freedom Fighters, has been brought forward from February 22.
The ruling is the latest judicial setback for Zuma, who has faced widespread public demands to step down as president of Africa’s most industrialised economy before an election in 2019.
The African National Congress’s Mantashe and other leaders have said that they will push for his removal after he steps down as party leader this year.
The latest graft accusations exposed splits in the ANC as factions battle for control ahead of a party conference in December where Zuma’s successor will be chosen.
Citing two unnamed sources, News24 said Zuma survived the heated National Executive Committee meeting which ran late into the night.
Both Jacob Zuma and Hage Geingob have recently adopted a more populist rhetoric in response to pressures within their parties and in the face of declining economies.
Analysts also dismissed the likelihood of Zuma being removed or stepping down before his term as the African National Congress head ends in December.
South African lawmakers on Tuesday approved an anti-money-laundering bill that will increase scrutiny of the bank accounts of “politically exposed people”, three months after President Jacob Zuma sent it back to parliament over concerns of its constitutionality.
Finance minister Pravin Gordhan is being investigated for using a surveillance unit set up when he was head of the tax service to spy on politicians.
Unemployment, economic stagnation and scandals around President Jacob Zuma led voters to punish the ANC, changing the outlook for national elections in 2019 and potentially emboldening Zuma’s rivals within the ANC to challenge him.
The ANC’s popularity in urban areas seems to be decreasing steadily, even as it remains popular in rural areas.