Don't be tempted - you're right

I am tempted to argue the retail sector is one of the most untransformed sectors in SA, perhaps due to the fact that it does not need government business to survive

via www.bdlive.co.za

They don't need government or corporate business to survive. The argument behind the inflated loan for Luminance is that black people spend a lot of money on expensive dresses so why not buy from an expensive black-owned dress shop.
I don't see how you could ever legislate the "transformation" of the retail sector - but I wouldn't put it past that iDioTIc department to try