80,000 members of TISA to be paid 7% bonus

The 80, 000 plus members of Teacher's Savings and Loan Society will be able to access dividends paid to their Yumi accounts today.

TISA Group Chairman Gabriel Tai said seven percent [7%] will be calculated against each contributing members general savings balance as of 31st December 2024.

The bonus to be paid to TISA contributing members will be in the tune of approximately K24.5 million.

He made the announcement in Port Moresby on Thursday after revealing that the TISA Group recorded "a profit after tax of K62.2 million in its 2024 financial year…a total income increase of on the back of a K42 million."