Who we are
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. The Stadium is a 40,200 seater comprising of a track and field, a Presidential Suite, a VIP Lounge, Conference Halls, Offices, kiosks, lawn tennis, gym, basketball and volley ball courts, Sports Hostel, gardens and a training pitch with ample parking space. It has four access gates. The Stadium operates a hostel facility with 61 self-contained rooms, conference and meeting rooms, and a terrace bar. There is a rooftop space above the terrace bar that can be developed into a bar and restaurant.
Mandate of the Stadium
To promote sports and community development by providing adequate sports facilities both for local and international competitions. The objectives for which the company was incorporated are stipulated in the Articles and Memorandum of Association.
MNSL has a nine member Board of Directors who are charged with a responsibility of governing the stadium. It has a management team headed by the Managing Director. The Office of the Auditor General is mandated to audit the operations of the stadium annually. This plan is therefore designed to strengthen the governance of the stadium.