Heat up olive oil in instant pot on high sauté mode. Mix ginger, turmeric, salt, and cumin in bowl and sprinkle over beef cubes. Brown beef on all sides.
Add chicken broth to instant pot with beef. Change to high pressure cook and seal the top. Set time for 25 minutes cook time. Once cook time is up, natural release for 10 minutes.
Take beef out of broth, and turn sauté mode to high again to cook the sauce down. Add prunes, honey, cinnamon, ad pepper. Simmer sauce and stir until it is thickened.
Notes
If you are cutting your own beef from a large slab instead of buying already cut stew beef, cut into 1.5 inches cubes.