Asanda Fotoyi holds a Master of Commerce in Economics from the Nelson Mandela Metropolitan University, with her thesis titled Analysis of Revisions to the South African Quarterly Gross Domestic Product. Asanda has a BComm Honours in Economics, and a double major undergraduate degree, BComm Accounting and Economics. She is a Fellow of the Thabo Mbeki African Leadership Institute Alumni Forum and the programme’s lead for the Trade and Industrialisation subcommittee. Asanda is also one of five "generation X" scholars who took part in the Thabo Mbeki African Leadership Institute Emerging Thought Leaders programme. Asanda has experience as an assistant economist in National Accounts and Economic Analysis at Statistics South Africa.