Mandela National Stadium Limited (MNSL) was incorporated as a limited liability Company in 1999 with a share capital of Shs, 100,000,000 (Uganda Shillings one hundred million only) divided into 10,000 ordinary shares of Shs, 10,000 each. The Company’s shares are owned equally by the Ministry of Finance, Planning and Economic Development (MoFPED) and the Ministry of Education and Sports (MoES). It is a wholly Government owned Company listed under Class II of the Public Enterprise Reform Divesture Act (PERD) where Government of Uganda is to retain majority shareholding upon its divesture. Mandela National Stadium is a multi-purpose stadium situated at Namboole, 8km on the Kampala – Jinja Highway.
It was built under a Chinese Grant amounting to RMB 130,000,000, (UGX 30bn). The Stadium construction was completed in 1997 and was officially handed over to the Government of Uganda. A situational analysis was carried out which was aimed at understanding the company and lay a framework for strategy formulation. In particular we identified a need for revamping the stadium, full utilization of company’s assets, outsourcing activities and businesses where the company didn’t have core competences, focusing on revenue growth and a phased revamping of the stadium. The vision, mission and values of the stadium were revised as below;
Vision To be the best provider of sports and recreational facilities in the region
Mission To be the best managed stadium by promoting and delivering value for money and attractive ambience for sports, recreation and entertainment.