Zuma has been under growing pressure to resign since he was replaced as head of the African National Congress (ANC) in December by his deputy Cyril Ramaphosa.
The party executive "discussed this matter... there will be interaction between officials, President Zuma and (party) president Ramaphosa," ANC secretary-general Ace Magashule told reporters.
"There are no timelines... we don't do things that way, we engage, we discuss," he added, saying no final decision had been made on a departure by Zuma.
Ramaphosa's backers are keen for him to take over as president immediately and try to revive the economy before the election, when the ANC could lose its dominance for the first time since the end of apartheid.
Magashule told a media briefing at party headquarters in Johannesburg that the ANC was "committed to reclaiming moral legitimacy" and had "entered a new period of renewal", calling for "urgent action in fighting corruption".
"We focussed on education, land, agriculture, reviving the economy and making sure as we move forward we focus on issues of health," he said, reporting on an ANC meeting at the weekend.
Zuma's hold over the ANC was shaken when his chosen successor - his former wife Nkosazana Dlamini-Zuma - lost out to Ramaphosa in the closely-fought race to be party leader.
Zuma, 75, could leave office either by resigning, through losing a motion of no-confidence in parliament or impeachment proceedings.
He could also be recalled by the ANC, forcing him to step down.
Whoever is president on February 8 will deliver the annual state of the nation address to parliament - effectively serving as the most immediate deadline for any possible departure.
He is a former trade unionist who led talks to end white-minority rule in the early 1990s and then became a multi-millionaire businessman before returning to politics.
The ANC, which has ruled since 1994 when Nelson Mandela won the first multi-racial election, recorded its worst-ever results in 2016 local polls.
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