The accord on the resignation has been reached during a meeting between Zuma and Cyril Ramaphosa, the leader of South Africa's ruling African National Congress (ANC), the Times Live news website said Tuesday, citing own sources.
The media outlet added that Ace Magashule, the secretary-general of the ANC, who had also attended the meeting refused to confirm Zuma's decision to step down, however, other sources claimed that the agreement had been reached and the incumbent president would "go in a dignified way."
Zuma, in power since 2009, is facing a string of corruption allegations, and the country's opposition has repeatedly called for resignation of the president. In December, Ramaphosa replaced Zuma as the ANC leader.
On Tuesday, the parliament decided to suspend Zuma's state of the nation address amid growing calls for the country's president to leave office.