(CNN) Jacob Zuma has quit as President of South Africa, finally succumbing to a slew of corruption scandals that have drained support from his ruling African National Congress party.

"No life should be lost in my name and also the ANC should never be divided in my name," he said during a nationally televised political address Wednesday. "I have therefore come to the decision to resign as President of the republic with immediate effect."

The announcement came after the ANC took the extraordinary step of calling for a no-confidence vote in the leader on Wednesday, a day after it publicly demanded his resignation . Party officials on Tuesday decided to issue a "recall" notice after failing privately to convince Zuma that he should step aside.

After his resignation announcement, Zuma said he disagreed with the decision of his political party and that he has always been a "disciplined member of the ANC."

"As I leave I will continue to serve the people of South Africa as well as the ANC, the organization I have served all of my life in," Zuma said.

Zuma, 75, survived multiple attempts by opposition parties to oust him during his more than eight years in power, earning him the nickname of the "Teflon president."

The leader of the South African opposition party, Mmusi Maimane, said it was about time Zuma resigned and that the former President should see his day in court on corruption charges.

Speaking to CNN immediately after Zuma's resignation, Maimane said the Democratic Alliance will put forth its own candidate in the national assembly on Thursday and if needed will contest the election of acting President Cyril Ramaphosa.

"It's about time that some form of accountability is afflicted on Jacob Zuma and I think that he has been a one-man wrecking ball to our economy, to our country," Maimane said.

Corruption charges

Last year, South Africa's Constitutional Court ordered Zuma to repay millions of dollars in public funds spent on refurbishing his private homestead.

He also faces more than 783 allegations of corruption relating to a 1990s arms deal. Zuma denies all the corruption allegations against him.

The ANC had been trying to push Zuma out for months. It dumped him as party president in December, narrowly electing Ramaphosa, a 65-year-old millionaire former union leader, over Zuma's preferred successor, his ex-wife and former cabinet minister, Nkosazana Dlamini-Zuma.

Ramaphosa said Sunday that the uncertainty over Zuma's future had damaged the ANC.

Photos: Jacob Zuma's embattled political career South African President Jacob Zuma was in office for nearly a decade. As head of the party that led South Africa out of apartheid, Zuma won elections in 2009 and 2014. But he has also been dogged by criminal investigations and corruption allegations. Dubbed the "Teflon" President, Zuma survived a half dozen no-confidence votes before finally resigning on February 14. Hide Caption 1 of 34 Photos: Jacob Zuma's embattled political career In 1991, Zuma casts a vote for the ANC's new national executive. The ANC is the African National Congress, the political party that has led South Africa since the end of apartheid. For many years, the ANC and other opposition parties were banned in South Africa. Hide Caption 2 of 34 Photos: Jacob Zuma's embattled political career Zuma campaigns with ANC leader Nelson Mandela, left, during South Africa's first democratic elections in 1994. Mandela was elected President. Zuma became the ANC's national chairman later that year. Hide Caption 3 of 34 Photos: Jacob Zuma's embattled political career President Mandela is flanked by Zuma and Deputy President Thabo Mbeki, left, at the ANC's National Congress in 1997. At this conference, Mandela announced that he would be stepping down as president of the ANC and leaving it to Mbeki. Zuma would become the party's deputy president. After Mbeki was elected to be the country's President in 1999, Zuma was appointed as his deputy. Hide Caption 4 of 34 Photos: Jacob Zuma's embattled political career In 2005, a South African court found businessman Schabir Shaik guilty of bribing Zuma between 1995 and 2002. Zuma, seen here replying to a question in Parliament, was fired by President Mbaki over his alleged involvement in the bribery scandal. Hide Caption 5 of 34 Photos: Jacob Zuma's embattled political career Zuma leaves the Johannesburg High Court in February 2006. He had been charged with raping a young family friend; he claimed the sex was consensual. Zuma was acquitted a few months later. Hide Caption 6 of 34 Photos: Jacob Zuma's embattled political career Zuma is congratulated by his attorney after his acquittal in May 2006. Hide Caption 7 of 34 Photos: Jacob Zuma's embattled political career Zuma gives an interview the day after his acquittal. He apologized to the nation and launched a bid for the presidency. Hide Caption 8 of 34 Photos: Jacob Zuma's embattled political career Zuma, right, is congratulated by Mbeki after defeating him to become the new president of the ANC in December 2007. Hide Caption 9 of 34 Photos: Jacob Zuma's embattled political career From left, Zuma, Mandela and Mbeki arrive on stage for Mandela's 90th birthday celebration in August 2008. Hide Caption 10 of 34 Photos: Jacob Zuma's embattled political career Zuma sings and dances after a speech at a rally in February 2009. Zuma was elected as South Africa's President a couple of months later. Hide Caption 11 of 34 Photos: Jacob Zuma's embattled political career Zuma takes an oath during his inauguration in May 2009. Hide Caption 12 of 34 Photos: Jacob Zuma's embattled political career US Secretary of State Hillary Clinton addresses journalists next to Zuma in August 2009. The two met in Durban, South Africa. Hide Caption 13 of 34 Photos: Jacob Zuma's embattled political career Zuma addresses the United Nations General Assembly in September 2009. Hide Caption 14 of 34 Photos: Jacob Zuma's embattled political career Zuma signs a blackboard in October 2009, pledging South Africa's support for a global campaign to ensure education for all the world's children. Hide Caption 15 of 34 Photos: Jacob Zuma's embattled political career Zuma sings and dances with his new wife, Thobeka Mabhija, at their wedding ceremony in January 2010. It was the fifth marriage for the polygamous Zuma. Hide Caption 16 of 34 Photos: Jacob Zuma's embattled political career Zuma inspects the troops at a ceremonial welcome in London in March 2010. Hide Caption 17 of 34 Photos: Jacob Zuma's embattled political career Zuma looks at a chess set with Britain's Queen Elizabeth II during his state visit in 2010. The chess set had been given to the Queen by Nelson Mandela in 1996. Hide Caption 18 of 34 Photos: Jacob Zuma's embattled political career Zuma and FIFA President Sepp Blatter address the crowd before the opening match of the 2010 World Cup. South Africa was the first African country to host the tournament. Hide Caption 19 of 34 Photos: Jacob Zuma's embattled political career Zuma, left, and Sky Sports commentator Chris Kamara play a charity soccer match in Cape Town, South Africa, in July 2010. Hide Caption 20 of 34 Photos: Jacob Zuma's embattled political career Zuma shakes hands with Argentine President Cristina Fernandez de Kirchner at a G20 Summit in Seoul, South Korea, in November 2010. Hide Caption 21 of 34 Photos: Jacob Zuma's embattled political career Zuma addresses dignitaries during the opening ceremony of an International Olympic Committee session in July 2011. The IOC was meeting to decide which city would host the 2018 Winter Games. Hide Caption 22 of 34 Photos: Jacob Zuma's embattled political career Zuma greets American civil-rights activist Jesse Jackson at a ceremony in Bloemfontein, South Africa, in January 2012. Hide Caption 23 of 34 Photos: Jacob Zuma's embattled political career Zuma toasts his 70th birthday in April 2012. Hide Caption 24 of 34 Photos: Jacob Zuma's embattled political career Zuma looks at Cyril Ramaphosa after Ramaphosa was elected deputy president of the ANC in December 2012. Zuma was re-elected as the party's president. Hide Caption 25 of 34 Photos: Jacob Zuma's embattled political career Zuma sings during a send-off ceremony for former President Nelson Mandela, who died in December 2013 at the age of 95. Hide Caption 26 of 34 Photos: Jacob Zuma's embattled political career Zuma unveils a giant statue of Mandela at the Union Buildings in Pretoria, South Africa, in December 2013. Hide Caption 27 of 34 Photos: Jacob Zuma's embattled political career Zuma and his wife Thobeka Mabhija, right, pose with then Zimbabwean President Robert Mugabe and his wife, Grace, as they meet in Pretoria in April 2015. Hide Caption 28 of 34 Photos: Jacob Zuma's embattled political career US President Barack Obama jokes with Zuma during a New York luncheon hosted by UN Secretary-General Ban Ki-moon in September 2015. Hide Caption 29 of 34 Photos: Jacob Zuma's embattled political career Zuma poses for a photo following a television interview in October 2015. Hide Caption 30 of 34 Photos: Jacob Zuma's embattled political career Zuma and Obama shake hands before a group photo at the G20 Summit in Hangzhou, China, in September 2016. In November of that year, a report was published that contained corruption allegations against Zuma. Zuma denied any wrongdoing. He also avoided a vote of no-confidence in Parliament. It was the third time in less than a year that Zuma had faced such a vote. Hide Caption 31 of 34 Photos: Jacob Zuma's embattled political career Zuma talks on his cell phone during a G20 session in Hamburg, Germany, in July 2017. A month later, he survived an ouster attempt in his country's National Assembly. A motion of no-confidence was defeated by 198 votes to 177. Hide Caption 32 of 34 Photos: Jacob Zuma's embattled political career Zuma attends an African Union summit in January 2018. Hide Caption 33 of 34 Photos: Jacob Zuma's embattled political career

"No life should be lost in my name and also the ANC should never be divided in my name. I have therefore come to the decision to resign as President of the Republic with immediate effect." Zuma speaks to the nation at the Union Buildings in Pretoria on February 14. He announced his resignation during the nationally televised address."No life should be lost in my name and also the ANC should never be divided in my name. I have therefore come to the decision to resign as President of the Republic with immediate effect." Hide Caption 34 of 34

But despite signs that the party was losing electoral support over the protracted drama, internal divisions forced Ramaphosa to tread cautiously. For years, the ANC -- which led South Africa out of apartheid -- put party unity first, even as it became apparent that Zuma was an electoral liability.

The ANC said it wanted to "salute the outstanding contribution he has made and express its profound gratitude to him for the role he has played in the African National Congress spanning over 60 years of loyal service."

ANC STATEMENT FOLLOWING THE RESIGNATION OF THE PRESIDENT OF THE REPUBLIC OF SOUTH AFRICA, COMRADE JACOB ZUMA pic.twitter.com/g08ZpctqkU — African National Congress (@MYANC) February 14, 2018

It acknowledged mistakes were made but praised his "legacy of delivery."

The party said it was accepting his resignation and expects each ANC member to cast a vote for Ramaphosa as its candidate for president.

Ramaphosa was a close ally of late President Nelson Mandela and widely predicted to be his heir. However he lost out to Thabo Mbeki, an anti-apartheid leader who returned to South Africa from exile.

Ramaphosa left government soon afterward, turning instead to business. Since returning to public life he has spoken out against corruption in the country and has found significant support in urban areas, in the business community and among ANC stalwarts.

His election as leader in December had raised hopes that he'd be able to restore voters' faith in the party which had been eroded under Zuma's reign.

But Maimane of the Democratic Alliance said his party thinks further change is necessary.

"We don't believe Cyril Ramaphosa is the solution for South Africa," he said. The Democratic Alliance wants Parliament to be dissolved so the people of South Africa can issue a fresh mandate. "We think that the ANC has been complicit in defending Jacob Zuma and without doubt we will put forward a candidate."