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Tag Archives: Exodus SACCO

Exodus police SACCO leaders Summoned over illegal money lending

Kampala, Uganda | THE INDEPENDENT | The Nakawa Chief Magistrates Court has summoned Wilson Omoding, Chairperson of the Police savings group known as Exodus Cooperatives and Credit Society Limited, along with Secretary Daniel Ogwok, to respond to charges of running a money lending business without a valid license. The summons, reviewed …

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New SACCO loan requirements demoralise police officers

Kampala, Uganda |  THE INDEPENDENT |  Police officers have decried the new requirements for accessing loans from the force’s Exodus Savings and Credit Cooperative commonly known as Exodus SACCO. Speaking to Uganda Radio Network on anonymity condition, policemen and women across the ranks described the new requirements one must meet …

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Police officers have no trust in their savings scheme

Kampala, Uganda  | THE INDEPENDENT |  Police officers have lost trust in Exodus SACCO, the new Board Chairperson, Senior Commissioner of Police, Wilson Omoding has revealed. He explains that this is exhibited by the rate at which subscribers rush to withdraw their savings from the scheme. At least 32, 000 police …

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Police SACCO members to access savings in March, 2020

Kampala, Uganda | THE INDEPENDENT | Members of the Uganda Police Exodus SACCO will be able to withdraw their savings, within two months, after the reorganization of the scheme, according to the Uganda Police Force. The Police Exodus Cooperative Savings and Credit Society, with a share capital of 20 billion …

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