"The national executive committee made a decision to recall the president in accordance with rule 12.2 of the ANC, which allows the ANC to recall it's deployees", Magashule told reporters at the ruling party's headquarters, Luthuli House.
Ramaphosa, the de facto president-in-waiting, has been in deadlocked negotiations with Zuma, who first dismissed a request from party leaders to resign more than a week ago.
Zuma faces more than 780 allegations of corruption relating to a 1990s arms deal.
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The magnitude of corruption allegations against 75-year-old Zuma is astounding.
South Africans took social media to voice opinions for and against Zuma under the hashtag #Zumaexit with some wondering who is now running the country.
However, the situation has escalated, with ANC chief whip Jackson Mthembu saying a motion of no-confidence in the president will be heard tomorrow.
But this week the SACP has also said there must be a "speedy reconfiguration of the Alliance, principled and programmatic unity to ensure that a reconfigured ANC headed Alliance decisively wins elections in 2019 and beyond".
The no-confidence plan is supported by opposition parties and so appears nearly certain to succeed in kicking out Mr Zuma, who has been leader since 2009. Reuters news agency said Zuma's spokesman could not be immediately reached for comment.
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Zuma, 75, has not said whether he will resign voluntarily before his second term as president ends in the middle of next year. His comments follow news earlier on Sunday that the ANC NEC has been summoned to an urgent meeting in Pretoria on Monday.
Shortly after dawn, a dozen officers from the elite Hawks police unit sealed off a street leading to the Gupta mansion in Johannesburg's upscale Saxonwold suburb.
Besides the pressure from the ANC, Zuma is facing a no-confidence motion in parliament brought by the opposition Economic Freedom Fighters and set for February 22.
The State of Capture report by South Africa's former state prosecutor Thuli Mandolesa accused the Gupta brothers of using their wealth to influence government business including the choice of ministers appointed by president Jacob Zuma.
South African media is calling President Zuma's seemingly inevitable exit "Zexit".
Sources said they also argued that "everyone in the movement did not agree with a recall".
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Ireland had secured the bonus point by half-time, four first-half tries securing a 28-0 advantage, all expertly converted by Johnny Sexton.
He did not specify what the party's next step would be should Mr Zuma insist on staying put but said a key demand of the president's - that he be allowed to see out at least the next three months - had been rejected by the NEC.