The Birds have contested the past three editions of the Free State competition but have failed to go past rivals Ajax Cape Town and Bloemfontein Celtic.
The Capetonians won the first two tournaments but failed to make it three in a row with Phunya Sele Sele taking the honours last year.
"We are highly motivated to do well in this tournament. We are taking it very seriously. Our preparations have gone well," Swallows captain Lefa Tsutsulupa says ahead of their opening match against Bloemfontein Celtic.
"This kind of tournament is good in terms of giving coaches a chance to assess their players in competitive matches. It also gives them a chance to get good combinations ahead of the next season. It has helped us to prepare well in the past seasons," he adds.
However Phunya Sele Sele are equally hyped up.
"We are ready for Sunday's match against Swallows. It's going to be an exciting one considering the fact that both sets of teams have been preparing hard for the new season. We are anticipating good results on the day. We want to play in the final and defend our title successfully," Celtic midfielder Saidi Kalala tells KickOff.com.
"We are glad to participate in such a fantastic event before we kick off the season. Old Mutual Mangaung Cup affords both teams an opportunity to check how far they are as far as their fitness levels are concerned," he adds.
Free State Stars, who are up against Ajax in their opening match, are also geared up for their clash against Ajax.
"We have been in camp for the past four weeks and this tournament will test our strength for the new season," Stars goalkeeper Kennedy Mweene says.
"I like this tournament in a sense that it gives us hot, warm-up matches against stronger opposition before the league commences. As players we need this kind of tournament to see how fit we are. It also gives coaches the opportunity to have a look at new signings and trialists," Mweene explains.
"It's not going to be a stroll in the park against Stars. They are a very good team and so we are. We will give them a tough match," Thulani Serero tells KickOff.com.
"This tournament will give us a chance to prove ourselves against quality teams. It will also give us a chance to see whether we are ready for the next season. I think the coach will give a lot of players a chance to play," Serero adds.