Season the beef

• Pat the beef cubes dry and season with salt, pepper and cumin.
• Let the meat sit while you prepare the vegetables.

Sear the beef

• Heat the oil in a stockpot over high heat.
• Sear the beef on all sides until browned, then set aside.

Build the sofrito

• Lower the heat and add the onion, scallions and garlic; cook until soft.
• Stir in the tomatoes and annatto powder and cook down into a sauce.

Simmer the stew

• Return the beef to the pot and add the water.
• Bring to a boil, then cover and simmer gently until the meat is tender.

Add the vegetables

• Add the potatoes and carrots to the pot.
• Cook uncovered until the potatoes are tender and the broth thickens.

Serve

• Taste and adjust the seasoning.
• Serve hot with rice or arepas.