If you need to convert your image to true b/w (not grayscale), there is two built in ways in GIMP to do so. You can either go to the color menu and chose threshold (I did this straight with no enhancements; not really that great of result; could enhance before doing so to get better result):
Attachment:
threshhold.png [ 31.13 KiB | Viewed 2550 times ]
Choose GEGL Color to Grey followed by dither and then threshold:
Attachment:
colortogreay_dither_threshold.png [ 106.27 KiB | Viewed 2550 times ]
Did some enhancements then used GIMP's Newsprint:
colortogreay_dither_threshold