Step 1

Whisk together peanut butter and stock and reserve.

Step 2

Season the meat with salt and pepper.

Step 3

Heat the oil in a large saucepan over medium heat.

Step 4

Brown the meat well on all sides; do not crowd the meat; sauté in batches if necessary.

Step 5

Remove meat and keep warm.

Step 6

Add the onion, garlic, peppers, and carrots to the saucepan and sauté until the onions are translucent.

Step 7

Add the peanut butter and stock mixture.

Step 8

Return the reserved meat (and any juices) to the saucepan. Add tomatoes and their liquid, the thyme and bay leaf.

Step 9

Stir well and bring to a boil. Reduce heat to low and simmer, stirring often, for about 1 hour or until the meat is tender.

Step 10

Taste for seasoning.

Step 11

Remove the thyme sprig and the bay leaf and discard.

Step 12

Serve hot over rice.