Place brown rice into a dry skillet and toast over medium-low heat for a few minutes, or until rice becomes whiter in color. Remove rice and set aside.

Add the oil to the skillet, along with the onions and peppers. Sauté for a few minutes, then add olives, tomatoes and garlic. Add seasonings.

Add water and tomato sauce and bring to a boil. Add and stir in rice, cover and simmer for 45 minutes to 1 hour.