President Jacob Zuma will be recalled, ANC secretary-general Ace Magashule announced on Tuesday.
The announcement comes after a marathon special ANC National Executive Committee (NEC) meeting in Irene outside Pretoria that lasted into the early hours of Tuesday morning.
Magshule was briefing the media on the outcomes of the ANC NEC at ANC headquarters Luthuli House in Johannesburg.
According to sources, the ANC NEC resolved to give Zuma the option to resign or be recalled. When ANC President Cyril Ramaphosa went to see Zuma on Monday night, the president reportedly said: "Do what you want to do."
Ramaphosa has been in ongoing discussions with Zuma to negotiate an exit plan while South Africans waited with bated breath.
Last week the ANC Top 6 and the NWC both held meetings to discuss Zuma's fate.
Last week also saw the unprecedented cancellation of the State of the Nation Address that was scheduled for Thursday.
Speaker Baleka Mbete on Tuesday announced that SONA 2018 would be postponed on request from opposition parties who have threatened to disrupt the proceedings.
On Monday opposition parties called for the dissolution of Parliament and fresh elections to be held to elect a new president.
IOL and African News Agency/ANA