The 13th Police Exodus SACCO Annual General Meeting took place at the Police Headquarters in Naguru, Kampala, drawing officers from across the country. The event, held under the theme “Protecting Our Foundations, Building for Our Collective Future,” had Deputy Inspector General of Police James Ocaya as the Chief Guest.

In his keynote speech, DIGP James Ocaya highlighted the evolving challenges in policing, noting that demands on officers’ physical, mental, emotional, and financial resources have never been higher. He stressed the importance of transforming the SACCO from a simple lender into a strategic welfare partner that supports officers in building long-term financial stability.

DIGP Ocaya encouraged all officers, regardless of rank, to understand the importance of saving. He explained that pooled savings are the foundation for providing loans, undertaking investments, and generating dividends for members. “we must sensitize every officer, regardless of rank, to understand what saving is; why we save and the associated benefits to ensure regular and faithful saving,” he stated.

Addressing financial discipline, DIGP Ocaya urged officers to shift from a culture of consumption to one of capital formation. He strongly cautioned against borrowing from unregulated money lenders who exploit officers with high interest rates and harsh recovery methods, eroding both financial stability and personal dignity. Instead, he highlighted the transparency and support offered by the member-owned Police Exodus SACCO.

He also appealed to officers to prioritize internal dispute resolution before seeking external intervention through courts or Parliament, emphasizing that unresolved disputes could negatively impact the SACCO and its members’ contributions.

The 13th AGM reinforced the Police Exodus SACCO’s commitment to promoting financial literacy, responsible borrowing, and sustainable welfare programs, ensuring that every officer benefits from a secure and supportive financial ecosystem.