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Heat olive oil in a large pot over medium heat. Add the minced onion and garlic; sauté until softened.
Add the beef strips and brown them on all sides.
Stir in paprika and thyme, coating the beef evenly.
Add the sliced peppers and mix well.
Pour in the beef broth, season with salt and pepper, and bring to a boil.
Reduce heat, cover, and let simmer for 1 to 1.5 hours until the beef is tender and flavors meld together.
Adjust seasoning if needed before serving.
Serving and storage tips:
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